$BTC has declined ~7% this week and approached a critical ~$80,000 support zone.
Broader crypto markets (Ethereum, XRP) also saw declines. �
Fed rate expectations—tighter monetary conditions—have reduced appeal for non-yielding assets like Bitcoin. �
There was a bounce to the $88,000–$89,000 range earlier this week, but momentum remains fragile. �
The Economic Times +1