Bitcoin experienced its first significant weekly price decrease since Donald Trump's election win, which previously triggered a rally pushing the cryptocurrency over six figures. From a peak of $108,135 on December 17, Bitcoin dropped approximately 11% to close at $94,645 by December 22, marking a decline of around $10,500. This drop followed a decision by the Federal Reserve to reduce its forecast for interest rate cuts in the next year, indicating a potentially less favorable environment for risk assets like Bitcoin. The cryptocurrency had previously experienced price increases in six of the last seven weeks, with the only decline being a minor 0.78% drop at the end of November. Despite the recent downturn, analysts from asset management firms Bitwise and VanEck remain optimistic, predicting Bitcoin will ascend to the $150,000-$200,000 range by 2025, driven by institutional adoption and a pro-crypto regulatory environment under the incoming Trump administration. Currently, Bitcoin trades around $96,073, still significantly higher than its value a year ago, around $43,610.

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