Bitcoin falls over 2% to $109K, signaling short-term caution in crypto market

Bitcoin experienced a dip, trading around $109,506, reflecting market caution despite a bullish long-term outlook fueled by supply reduction and institutional interest. Ethereum, XRP and Solana also saw declines. Market experts suggest upcoming macro releases and the $22 billion monthly options expiry could further influence volatility. Spot buyers are stepping in, indicating long-term conviction remains intact amidst short-term fluctuations.