The decline of Bitcoin from this week's record high has expanded to nearly 15%, as hawkish signals from the Federal Reserve prompted traders to sell this asset, which has more than doubled in value this year. On Friday morning, Bitcoin briefly dropped 5% in the New York market to $92,600, having earlier this week touched an all-time high just above $108,000. The economic downturn has put greater pressure on smaller tokens like Ethereum and Dogecoin.