Bitcoin Edges Higher, Remains at Lower Levels After Recent Falls — Market Talk
-
Bitcoin rises slightly as European equities start the day in positive territory. However, it remains at weaker levels after dropping well below $70,000 on Thursday to its lowest in more than a week. The cryptocurrency's falls followed a cautious tone from the U.S. Federal Reserve in response to uncertainties surrounding the war in the Middle East and elevated energy prices, Saxo analysts say in a note. "The key takeaway for investors is that crypto is once again behaving like a macro-sensitive asset, reacting to interest rate expectations, dollar strength, and geopolitical developments rather than purely crypto-specific drivers," they say. Bitcoin rises 1.1% to $71,250, having fallen to $68,802 on Thursday, LSEG data show. (jessica.fleetham@wsj.com)
source: https://www.tradingview.com/news/DJN_DN20260320001460:0/
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Εγγραφή Σύνδεση