$BTC Bitcoin dropped for the fourth day, influenced by Jerome Powell’s hawkish comments and a 25-basis-point Fed rate cut. Cryptos faced a sharp correction, with significant declines across major altcoins.

Year-ender 2024: Bitcoin and altcoins break records, leaving stocks and gold behind

Bitcoin surged 140% in 2024, outperforming traditional assets. With growing institutional adoption, regulatory clarity, and favorable conditions, experts predict continued momentum, potentially reaching $200,000 by 2025.