Bitcoin

Bitcoin Bulls Lose Grip After BTC Hits $63,808 as Fed Rate Bets Shift Again

After briefly crossing $65,000 following positive U.S. producer price index data, bitcoin fell back to around $64,200, dragging its market cap back under $1.3 trillion. Volatile Intraday Trading On Thursday, bitcoin failed to maintain an uptrend that had seen it log significant gains in the prior 48 hours. Market data shows the cryptocurrency gradually retreated…

Bitcoin chart 1-dayAfter briefly crossing $65,000 following positive U.S. producer price index data, bitcoin fell back to around $64,200, dragging its market cap back under $1.3 trillion. Volatile Intraday Trading On Thursday, bitcoin failed to maintain an uptrend that had seen it log significant gains in the prior 48 hours. Market data shows the cryptocurrency gradually retreated […]

Source: https://news.bitcoin.com/bitcoin-bulls-lose-grip-after-btc-hits-63808-as-fed-rate-bets-shift-again/