Derived from Bijié Wǎng, Bitcoin price fell below $94,000, with traders reducing positions ahead of key U.S. macroeconomic data, including the Federal Open Market Committee (FOMC) minutes and employment figures. The drop below a key support level triggered a flight to safety, while technical indicators like the death cross suggest further declines to the $92,000–$90,000 range. ETF outflows and reduced risk appetite are also pressuring Bitcoin, with bulls needing a rebound above $98,000–$100,600 to regain control.
Bitcoin Price Dips Below $94,000 Amid FOMC and Macroeconomic Data Watch
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