Bitcoin plummeted below $95k, hitting its lowest level since April as a wave of long term holders sold off around $79 billion in BTC over the past month.

This downturn is part of a large market slump, accompanied by extreme fear and declining sentiment according to the Fear & Greed Index, with investors uncertain after missing an expected Federal Reserve rate cut.

https://gizmodo.com/bitcoin-price-plunges-six-month-dow-2000686165