btcusd-Bitcoin Drops 4.19% This Week After Reaching

Bitcoin faced a bearish week, dropping 4.19% from $98,000 to $94,300 USD. This decline starkly contrasts with the previous week, when the cryptocurrency gained over 3%. Michael S. Barr's resignation as the Fed's Vice Chair for Supervision initially boosted Bitcoin to a 4-week high of $102,000 USD, but the rally faltered under subsequent bearish pressure.