Bitcoin Heads Deeper Into Bear Market as Token Drops Below $95,000

Group 1 - The cryptocurrency market, particularly Bitcoin and Ethereum, experiences dramatic sentiment changes due to the lower involvement of institutional players, leading to significant price swings that also affect related equities [1] - The culture surrounding cryptocurrency has shifted from a libertarian and revolutionary ethos to a more corporate and regulatory-focused environment, indicating a change in the community's approach to governance and compliance [2] - Bitcoin enthusiasts desire its use for everyday transactions; however, its price volatility poses a challenge, leading to the emergence of stablecoins as a more reliable alternative for daily transactions [3]