The bitcoin price, after the confirmation of an interest rate cut following a disappointing employment report, has fallen below $111,000. Bitcoin 
$91,081, having trouble maintaining its support level of $112,500, isn’t making the desired positive start to the weekend. Additionally, the announcement of a $2.95 billion antitrust fine against Google by the EU today could heighten tensions.
Bitcoin (BTC)
The series of negative developments affecting the cryptocurrency markets seem relentless. While interest rate cuts are starting, Trump’s removal of Fed member Cook from his position has commenced a judicial process, bringing the independence of the Fed into question. Today, there was also the imposition of a multi-billion dollar penalty on Google. Trump’s forthcoming statements may escalate tensions further.
Given Bitcoin’s erratic movements, investors are staying on the sidelines to observe what’s happening. This is even more evident in altcoin markets. What are analysts predicting? DaanCrypto believes hopes are not yet exhausted and asserts that we are in another testing phase.
Daan further disclosed taking a short-selling position during the recent fluctuations but has since closed it. An analyst known as Thecryptolord_ expressed satisfaction with the formation of higher low levels. Sharing his BTC chart, he contended that despite the volatile course, there is an upward trend that is not visible to everyone.
Cardano (ADA)
In the altcoin realm, Cardano (ADA) is noteworthy. Despite the recent drop in BTC prices, Cardano (ADA) 
$0.385644 finding buyers at the $0.83 mark might be entering a phase of positive divergence. In today’s assessment, Ali Martinez noted that a breakout in the falling wedge pattern is approaching and that the $0.94 level is being targeted.
