$BTC

Bitcoin dropped below $94,000 due to rising bond yields and strong US job expectations, impacting altcoins like Ethereum and Solana. The dollar's strengthening exacerbated the decline. Investors await the US jobs report to gauge market direction as Bitcoin shows resilience near support levels but faces resistance at $95,900.Bitcoin continued to decline over 2% to $94,357 as strong U.S. economic data indicated fewer rate cuts by the Fed in 2025. Rising U.S. Treasury yields and a stronger Dollar also pressured Bitcoin. The global crypto market cap fell by 1.73% to $3.31 trillion.In the past 24 hours, Bitcoin's market capitalization, the largest cryptocurrency globally, dropped to $1.907 trillion. Bitcoin's dominance stands at 56.8%, as per CoinMarketCap. Meanwhile, BTC trading volume increased by 22.6% to $61.6 billion during this period.