Bitcoin Soars to $93,000 Before Dropping Below $90K — What’s Next for the Crypto? 🚀

Bitcoin surged past $93,000 during U.S. trading on Wednesday before a pullback to $89,000. Bitcoin's dominance rose to 60%, reflecting that investors were far more confident than other cryptocurrencies. Market volatility persisted, with $850 million in derivatives wiped out, mainly affecting leveraged longs. Open Interest for Bitcoin climbed 2.3%, reflecting heightened speculative activity. Analyst Chris Kline predicts volatility ahead for Bitcoin's path to $100,000.