Bitcoin Price Drop Analyzed by Experts Ahead of Federal Reserve Meeting

The decline in Bitcoin’s price is a typical occurrence during Federal Reserve weeks, and this time was no exception. Following the release of high Non-Farm Payroll data on Friday, Bitcoin experienced losses that were to be expected. Drawing from the example of the record-breaking BNB Coin, we had forecasted that the price of $700 could potentially drop to $635 or even lower before the decline on Friday. As predicted, the price of BNB Coin is now aiming for $590, currently hovering around $607. Stay up-to-date with the latest technology news by accessing NEWSLINKER.