Bitcoin and Ethereum, along with other major cryptocurrencies, experienced significant declines as concerns about prolonged inflation and tighter monetary policies weighed on global markets. Bitcoin fell 5% to $96,527 after briefly surpassing $100,000, while Ethereum dropped 8.5% in the last 24 hours to $3,314. The stock market also declined, and the yield on 10-year Treasury notes rose to its highest level since April. Analysts attribute the market volatility to the Federal Reserve's decision to maintain higher interest rates and concerns about long-term inflation. The inauguration of President-elect Donald Trump adds to market uncertainty, with analysts suggesting a potential shift in economic and cryptocurrency policies under his administration.



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