Bitcoin Value Falls Below $89,000 Amidst Uncertainty over Fed’s Stance

Bitcoin’s price dropped below $89,000 following the release of the Federal Reserve’s minutes that revealed two-sided risks. This movement coincides with a broader correction in the cryptocurrency market, fueled by macroeconomic uncertainty. Analysts predict a potential sharp decline in Bitcoin’s value, citing factors like investor sentiment and the possibility of further downturns impacting assets linked to Bitcoin.