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Bitcoin might drop to 100,000 USD next week, according to analysts

Bitcoin is trading near 104,000 USD, yet negative economic indicators suggest it may fall to 100,000 USD. Analysts, including Yuya Hasegawa from BitBank, are concerned about sticky inflation and job reports influencing market dynamics.

Ethereum has seen temporary gains following an ETF approval, while the Federal Reserve’s interest rate stance remains crucial for crypto prices. Any disappointing inflation data might lead to uncertainty, potentially affecting Bitcoin’s market response in the upcoming week.

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