Bitcoin experienced a significant drop this week, falling towards the ninety-thousand-dollar mark, as the broader crypto market gave back recent gains. The Federal Reserves interest rate cut failed to boost riskier investments, leading to a weakening desire for them. This downturn resulted in major cryptocurrencies extending their weekly losses, with over five hundred and fourteen million dollars in leveraged positions wiped out in one day. Bitcoin traded around ninety thousand, two hundred and fifty dollars, down about two point four percent in twenty-four hours. Other big tokens also felt the pinch, with Ether, Solana, and Dogecoin all showing negative returns over the past seven days. This recent pullback followed a brief spike above ninety-four thousand, five hundred dollars earlier in the week, but failed to break through resistance. Traders are now watching to see if Bitcoin can hold its ground near the ninety-thousand to ninety-one-thousand-dollar area, as a clear break below this point could expose the lower end of its current trading range.

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