Bitcoin Price Drops Below $88K as Fed Meeting and Tech Earnings Loom

The price of Bitcoin (BTC) has declined, falling below the $88,000 threshold. This movement comes during a critical period for financial markets, with investors exercising caution ahead of key events. The upcoming Federal Reserve policy meeting is a primary focus, as traders await signals on future interest rate decisions. Simultaneously, the earnings reports from major technology companies ("Big Tech") are adding to the market's uncertainty. These factors are contributing to a risk-off sentiment, leading to pressure on cryptocurrency and other risk-sensitive assets. Market analysts are closely monitoring the $88,000 level as a significant support point for BTC in the short term.