Bitcoin Plummets as Market Fears Rise: $100,000 Target Looms

Bitcoin's price has taken a hit in recent days, plummeting by 2.16% to around $77,000 due to various market factors. These include extensive bond sell-offs and a hawkish note from the Federal Reserve, as well as renewed hostilities in the Middle East.

While breaking through the $80,000 ceiling is seen as an important milestone on the path to reaching $90,000, many are also wondering when Bitcoin will permanently surpass the six-figure mark. According to some predictions, this could happen by 2026-2030.