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<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/bitcoin-prices-fall-below-100000-again" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Prices Fall Below $100,000 Again</a><br></p>
<p style="text-align: justify">As mid-December approaches and with less than ten days until the Federal Reserve meeting, <a href="https://en.bitcoinhaber.net/bitcoins-market-movement-sparks-curiosity-among-investors" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> (<a href="https://en.bitcoinhaber.net/bitcoin-faces-sell-off-pressure-as-wallet-numbers-decline" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a>) has dipped below the critical $100,000 mark again. This downturn comes as cryptocurrency enthusiasts brace themselves for potential market shifts. How are traders navigating this fluctuating landscape?</p>
<h2 style="text-align: justify" id="what-is-bitcoin-s-current-position">What is Bitcoin’s Current Position?</h2>
<p style="text-align: justify">Despite the recent decrease, Bitcoin bulls are showing resilience, maintaining support around $99,091. With January’s arrival and Trump’s inauguration on the horizon, there is optimism for a price surge. However, the looming Fed meeting has added pressure to the current market dynamics.</p>
<h2 style="text-align: justify" id="are-other-cryptocurrencies-performing-better">Are Other Cryptocurrencies Performing Better?</h2>
<p style="text-align: justify">Ethereum (ETH) saw a weekly increase of 6.44%, although overall trading volumes have been lackluster. Despite a decrease in trading activity over the weekend, analysts predict a rebound from $165 billion back above $250 billion shortly. Notably, <a href="https://en.bitcoinhaber.net/chainlink-whales-on-the-move-significant-accumulation-detected" data-wpel-link="internal" rel="noopener noreferrer nofollow">Chainlink</a>’s impressive 33.5% gain signifies a strong recovery among select altcoins.</p>
<p style="text-align: justify">Key observations include:</p>
<ul>
 <li>Bitcoin’s significant support level remains at $91,000.</li>
 <li>BTC dominance stands at approximately 54.2%, with total cryptocurrency market capitalization around $3.63 trillion.</li>
 <li>Upcoming events include Eric Trump speaking at the Bitcoin MENA conference and a crucial inflation data release on Wednesday.</li>
</ul>
<p style="text-align: justify">Market participants are keeping a close watch as the Fed meeting approaches. Any adverse inflation data could lead to short-term declines in cryptocurrency values, highlighting the interconnectedness of broader economic indicators and digital asset markets.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/bitcoin-prices-fall-below-100000-again" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Prices Fall Below $100,000 Again</a></h5>

Bitcoin Prices Fall Below $100,000 Again

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