Bitcoin Surges Past $113,000, But Sudden Dip Sparks Market Uncertainty

Bitcoin’s price has experienced a notable drop, falling below the crucial $113,000 mark. While analysts attribute this shift to fluctuating macro factors like inflation and interest rate hikes, experts are looking for clues in how large sell-offs by institutional investors may be influencing market movement. A closer look at potential triggers of the decline can provide a better understanding for crypto investors.