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Bitcoin briefly dropped below $90,000 to $88,900 on Jan. 13 due to macroeconomic uncertainty. Institutional investors are favoring bonds over volatile assets like Bitcoin, influenced by rising Treasury yields and a hawkish Fed stance. Despite market challenges, Bitcoin remains resilient, potentially due to optimism over regulatory changes. The crypto market is valued at $3.27 trillion, with Bitcoin dominance at 57.20%.
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