Bitcoin Drops Below $88,000 Amid Fed Decision and Tech Earnings Anticipation
Bitcoin experienced a decline, falling below $88,000 as market participants brace for the upcoming Federal Reserve's interest rate decision. The weakening also affected major tokens. The market's positioning is occurring in anticipation of earnings reports from the "Magnificent Seven" technology companies. The development reflects broader market sensitivity to macroeconomic factors and the performance of major tech stocks.
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