Bitcoin's price dropped to as low as $91,220.84 following the release of the Federal Reserve's meeting minutes, which detailed plans to reduce the number of future rate cuts. This news also affected other cryptocurrencies, leading to double-digit declines. However, the impact on cryptocurrency prices may not be dire, as fewer rate cuts still indicate a loosening of monetary policy. Other positive factors, such as increased institutional investor allocation and a more favorable regulatory environment, could drive further upside for Bitcoin. Altcoins may be more sensitive to short-term changes in fiscal policy, but if a bull market continues for Bitcoin, it may spill over into other cryptocurrencies. Despite uncertainty, long-term price appreciation opportunities still exist for Bitcoin and other cryptocurrencies.



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