Crypto market losing steam? Bitcoin slides toward $113,000 after $124,000 peak, Ethereum near $4,100- What experts have to say
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Bitcoin's price dipped towards $113,000 after hitting $124,000 last week, while Ethereum hovered around $4,100, signaling market anxieties. Experts cite inflation worries, fading demand, and profit-taking as factors. Bitcoin faces pressure amid Jerome Powell's upcoming statement, with short-term holders selling at a loss. However, strong technical support may prevent a fall below $100,000. What's Your Reaction?
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