Bitcoin Dips Below $110K, Altcoin Slump Sparks Market Uncertainty

The cryptocurrency market witnessed a notable decline this week with Bitcoin dropping below $110,000, breaching its January 2025 peak of $109,590. Analysts anticipate the price to find support around $93,000 – $95,000, reflecting historical market patterns and seasonal trends. Altcoin performance remains sluggish, with ETH, XRP, ADA, and DOGE posting sharp losses. Institutional investors and regulatory clarity are expected to provide long-term resilience for Bitcoin as the market navigates this turbulent period.