Bitcoin experienced a sharp price decline this morning, falling to lows in the $84,000 range and extending a swift reversal from recent 24-hour highs above $90,000. This downturn was attributed to reasserting macro uncertainty and a fragile market structure. The cryptocurrency dropped to as low as $84,416, representing a roughly 6% decrease over the past 24 hours when accounting for daily highs, according to Bitcoin Magazine Pro data. This rapid round-trip, occurring less than a day after Bitcoin traded as high as $90,400, underscored heightened volatility surrounding this week’s Federal Reserve meeting. The sell-off accelerated as daily trading volume climbed to approximately $48 billion, suggesting forced liquidations and the unwinding of short-term positions. Bitcoin's total market capitalization subsequently fell to about $1.72 trillion, down approximately 4% on the day.

The Federal Reserve meeting played a significant role in Bitcoin's reversal. With unemployment at 4.4%, Chairman Powell emphasized labor market resilience and refrained from signaling urgency around easing monetary policy. This outcome proved unfavorable for speculative assets, transforming the meeting into a