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As the global financial landscape shifts, macro analysts are warning that Bitcoin could face significant downward pressure, potentially dropping below the $70,000 mark. This forecast comes in light of anticipated monetary policy changes from the Bank of Japan (BoJ), which is expected to raise its benchmark interest rates in the near future. Historically, rising interest
November has proven to be a challenging month for the cryptocurrency market, with Bitcoin experiencing a significant decline of nearly 20%. This downturn has raised concerns among investors, particularly regarding the broader implications of lower interest rates and the potential for a financial bubble in the rapidly evolving artificial intelligence sector. The decrease in Bitcoin’s