The current price of Bitcoin (BTC) is approximately $88,558, which represents a decrease of 0.52% over the last 24 hours.
In recent days, Bitcoin has experienced significant price fluctuations, dropping below the $90,000 level. Reasons for this decline may include the withdrawal of over $1 billion from Bitcoin-based ETF funds in the past two weeks and the strengthening of the yen, which has led investors to avoid riskier assets. At the same time, expectations are rising for a more dovish monetary policy from the Federal Reserve, with a 30% chance of an interest rate cut in May and a 15% chance of two cuts by June.
It is worth noting that the cryptocurrency market remains highly volatile, and investors should exercise caution and carefully analyze current information before making investment decisions.
