Bitcoin (BTC) is currently undergoing a market correction phase. After peaking at approximately $109,000.00, its value has fallen back to around $103,717.00. This volatility is common in the cryptocurrency market and can be influenced by various economic and political factors.
In summary, the Bitcoin market is currently influenced by monetary policy decisions in the US and changes in the political landscape. Although there is volatility, the long-term outlook remains positive, especially with increasing institutional adoption and possible favorable regulatory changes.
