Crypto Update: BTC Crashes To $96k, ETH Retests Support At $3.2k

The recent drop in Bitcoin's price to $96,550 has highlighted ongoing volatility in the cryptocurrency market, as noted in various analyses. Michael Saylor's firm, MSTR, has been aggressively buying Bitcoin, indicating a strategic move to capitalize on lower prices. This aligns with the broader market sentiment, where investors are closely monitoring support levels, particularly for Ethereum, which is retesting its support at $3,200. The current market conditions suggest a cautious approach as traders await further developments.