Don’t panic: Bitcoin’s price action is ‘business as usual’

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Given the volatility we saw yesterday, I thought it might be a good time to do a mini temp check.

We saw bitcoin briefly drop below $90,000 on Monday, and this morning we’re back up over $96,000. 

The volatility seems like it’s here to stay, perhaps until Inauguration Day. ETH, shadowing bitcoin’s movements, also took a tumble before regaining momentum. 

And then there’s top AI agent coin AI16z, which is up 21% in the past 24 hours, having bounced after undergoing its own selloff. Ah, the diversity of crypto. There’s truly nothing like it. 

Bitcoin’s sudden drop didn’t…

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