Bitcoin experienced two sharp declines in quick succession. Bitcoin began sliding from around $87,000 at approximately 9 a.m. EST on the 29th and fell to roughly $81,000 by 10 a.m. on the 30th, marking a decline of about 7%. The broader crypto market weakened as well, leading to a rapid deterioration in investor sentiment. This move was not driven by a single negative factor. Instead, it reflected a combination of shocks from traditional financial markets and rising uncertainty around monetary policy. The first leg down was triggered by a big tech earnings shock, while the second stemmed from concerns over Federal ... (full story)