Bitcoin price dip to $92.5K caused by Fed interest rate concerns: Analyst
Rising concerns about Federal Reserve monetary policy and rising bond rates are having a negative impact on Bitcoin’s price.
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Rising concerns about Federal Reserve monetary policy and rising bond rates are having a negative impact on Bitcoin’s price.
US-based spot Bitcoin ETFs now hold over 5.7% of the entire Bitcoin supply, with analysts seeing it as a price catalyst toward $200,000.
Bitcoin struggles below $100,000 amid holiday illiquidity, but analysts predict a rally above $105,000 post-Christmas, citing macro trends.
Other key indicators suggest that Bitcoin’s long-term floor price is above $40,000.
Bitcoin analysts are eying an October breakout, despite the current market slump, partly caused by continuous negative outflows from the US Bitcoin ETFs.
Analysts are eying a potential correction below $54,000 to $50,000, despite growing expectations of an interest rate cut in the
Could Bitcoin see a correction below $40,000 before breaking out toward a six-figure valuation?
