🚨 Crypto Market Update (Nov 7) Bitcoin crashes below $100K for the first time since June 😱 The drop comes as the U.S. Federal Reserve signals tighter policy and slower liquidity — shaking the entire crypto market.
📊 Key Highlights:
BTC is down 18% this month 📉
Fed’s “higher-for-longer” stance is draining crypto liquidity.
Altcoins are also falling — XRP, SOL, BNB all in red 🔻
Only AI tokens (FET, NEAR) are showing strength with +15–17% gains 💥
💡 Analyst Insight: Bitcoin’s next key support zone lies at $97,500–$99,000. A breakout above $102,000 could trigger a short-term recovery 🚀
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💼 The Fed’s cautious tone has cooled investor confidence. 💸 Massive ETF outflows and liquidity tightening are shaking the market. ⚡ Over-leveraged traders triggered huge liquidations — billions wiped out in hours! 🌍 Global tensions are adding more pressure.
📉 It’s a red day across the charts — but smart investors see opportunity in chaos. 💪