š„ Why did Bitcoin suddenly slip under $100K? Letās break it down ā simply and honestly.
This week felt like one of those moments where you refresh the chartā¦ and blink twice. $BTC dipping below $100K caught a lot of people off guard. But the trigger? Totally unexpected.
šŗšø A surprise hemp ban was quietly tucked into the new U.S. funding bill ā and it closed a loophole from the 2018 Farm Bill that allowed intoxicating hemp products to be sold legally.
Sounds unrelated to crypto, right? But the fallout is huge: a $28B industry and 300,000 jobs suddenly at risk. Markets hate uncertainty, and this shock sent fear across several sectorsā¦ including Bitcoin.ā ļø
Add that to ongoing worries about an AI bubble and mixed signals on interest rates, and you get the perfect storm.š¤š«§
Honestly, days like this remind me of the first time I watched $BTC drop years ago ā heart skipping a beat, refreshing charts like crazy, wondering if the sky was falling. Spoiler: it wasnāt.
š Stay calm, stay informed, and donāt let fear write your strategy.
If you want a quick breakdown anytime the market moves like this, just let me know. šš