Bitcoin Enters Bear Market After Falling Over 20% from $109,000 High on January 20, 2025

Bitcoin ($BTC) has officially entered a technical bear market after experiencing a decline of over 20% from its all-time high of $109,000, reached on January 20, 2025, which coincided with Inauguration Day. This downturn marks a significant shift for the cryptocurrency, as it has fallen into a bear market drawdown, confirming the bearish sentiment among analysts and investors alike.

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