Bitcoin (BTC) has dropped to $95,000 due to the recent Bybit hack and uncertainty surrounding U.S. Federal Reserve policies. Bitcoin's price has seen fluctuations and is currently trading at $95,505.39, with a 0.49% decline over the past 24 hours. BTC's dominance has increased to 61.5% as investors shift assets away from ETH after the hack. The Bybit hack resulted in a $1.46 billion loss and is believed to be carried out by North Korea's Lazarus Group. The hack has led to a conversion of stolen assets into BTC. The Federal Reserve's cautious stance and economic uncertainty have added to market volatility. Traders are positioning themselves for potential short-term gains, but the Bybit hack and macroeconomic uncertainties may keep BTC under pressure. Overall, market sentiment remains cautious.



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