As reported by Coindesk, Bitcoin fell below $95,000 on Friday, marking its worst weekly performance since March, with a potential target of $84,000 according to analyst John Glover. The cryptocurrency is on track for a 9% weekly loss, underperforming U.S. stocks. Ethereum and Solana also saw significant declines, while XRP held up better, possibly due to its first U.S. spot ETF. The market downturn is attributed to an information vacuum caused by the recent U.S. government shutdown, which delayed key economic data. Analysts suggest the current pullback is part of a bear market, with potential for volatility through 2026.
Bitcoin Slides Below $95K in Worst Week Since March; Analyst Sets Downside Target at $84K
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