Bitcoin Sinks Below $111,000 Amidst Market Uncertainty

Following a disappointing employment report that led to an interest rate cut, Bitcoin’s price has dipped below the crucial level of $111,000. This weekend start has been less than positive for the leading cryptocurrency, with its support at $112,500 struggling to hold ground. Adding to the volatile market environment is Google’s recent antitrust fine in Europe, reaching $2.95 billion. The news further heightens existing tensions within the crypto landscape.