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Bitcoin tumbles to $93k as the bears get comfortable. Is it heading for $90k next?

Bitcoin tumbles to $93k as the bears get comfortable. Is it heading for $90k next?

Cryptopolitan
Release Time:
2024-12-20 12:46:17
0

Days earlier, the apex crypto smashed past $108,000, making its fourth all-time high in a row, only to plummet back to earth as bearish momentum overwhelmed the market.

The trigger? A cocktail of nervous investors, shaky equity markets, and a Federal Reserve announcement of fewer interest rate cuts next year, right before they made it clear they never want anything to do with crypto.

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