Bitcoin Slides Under $79K on Macro Fears: Is a Rebound Around the Corner?
Bitcoin (BTC) faced a sharp contraction on Friday following a rejection at $82,000 the prior day. Recent price movements closely resembled the US small-capitalization stock index, hinting that macroeconomic factors are the leading drivers behind the nosedive below $79,000. The anxiety sparked a sell-off in fixed-income markets. Counterintuitively, this may help Bitcoin embark on a...
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