Market reacts to Federal Reserve's cautious stance on interest rates, impacting Bitcoin and the broader cryptocurrency landscape.

Bitcoin's Recent Price Movements

Bitcoin, the leading cryptocurrency, has recently faced a significant downturn, dropping sharply from its record highs earlier this week. This decline has raised concerns among investors as they navigate a volatile market influenced by macroeconomic factors and regulatory developments.

After achieving an all-time high of over $108,000, Bitcoin's price fell dramatically, dipping below the psychological threshold of $100,000. The cryptocurrency experienced a notable decline of approximately 12%, reaching lows around $93,000 before partially recovering to…