The cryptocurrency market experienced volatility today as Bitcoin’s price fell below $88,000, reaching around $87,828 on Binance. This decline represents a 3.34% drop over the past 24 hours, attributed to macroeconomic factors according to official exchange data. Market experts highlight that Bitcoin’s sensitivity to global economic conditions is contributing to this volatility. Bitcoin developers have remained silent, suggesting the price decline is primarily driven by external influences rather than internal developments. This drop has impacted other cryptocurrencies, including Ethereum, potentially affecting market sentiment and investor behavior. Bloomberg reports point to the Federal Reserve’s hawkish stance as a major driving force behind Bitcoin’s recent volatility, representing up to 35% of cryptocurrency market fluctuations. Historical price drops have often led to market uncertainty, but these periods typically show stability. The current decline suggests that macroeconomic forces, especially inflation trends, will continue to influence Bitcoin prices in the near future according to analysis released by the November 2025 report.