Bitcoin falls below the $82,000 mark; Fed rate hike expectations weigh on prices, but analysts remain bullish.

Zhito Finance APP has learned that, affected by factors including U.S. inflation data coming in above expectations, rising expectations for further Federal Reserve rate hikes, and a sell-off in tech stocks, Bitcoin fell as much as 2.3% on Wednesday, approaching the lower end of its recent trading range, with its price hovering near $81,700. Although the cryptocurrency market as a whole came under pressure, the latest survey shows that analysts' bullish sentiment toward Bitcoin has strengthened significantly, highlighting the divergence between short-term market performance and medium- to long-term expectations.