Bitcoin Rebounds to $96K After Brief Dip Below $90K

The cryptocurrency market faces volatility as traders weigh Federal Reserve policy and President-elect Trump's pro-crypto stance.

Bitcoin briefly fell below $90,000 on Monday, marking its lowest point since November, before recovering to $96,000 on Tuesday.
The drop followed stronger-than-expected U.S. economic data, which reduced expectations for Federal Reserve interest rate cuts in 2025.
President-elect Donald Trump is expected to issue executive orders supporting cryptocurrency, including potential regulatory reforms and a national Bitcoin reserve.
Market sentiment remains mixed, with some analysts predicting further corrections to $70,000 or lower, while others maintain long-term bullish targets exceeding $200,000.
Institutional interest continues, as MicroStrategy added 2,530 Bitcoin last week, bringing its total holdings to 450,000 BTC despite market fluctuations.