Bitcoin Holds Key Support Amid Market Turmoil

Bitcoin has recently dipped below the psychologically significant $100,000 support level, encountering challenges from macroeconomic factors such as a stronger dollar and cautious Federal Reserve policies. This drop has rippled through the broader cryptocurrency market, impacting other major coins like Ethereum, Solana, and XRP. Experts are closely watching this crucial point, with key analysts like Markus Thielen of 10x Research highlighting its significance.