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Why Bitcoin’s Next Target Could Be $93,000
The post Why Bitcoin’s Next Target Could Be $93,000 appeared first on Coinpedia Fintech News Bitcoin (BTC) is down 2% in the last 24hours, trading at $81,698 after US inflation came in hot and raised the odds of…
· 1 min read · 143 words · via Coinpedia
Wire briefing
The post Why Bitcoin’s Next Target Could Be $93,000 appeared first on Coinpedia Fintech News Bitcoin (BTC) is down 2% in the last 24hours, trading at $81,698 after US inflation came in hot and raised the odds of another Fed rate hike. Compounding the decline is a cascade of long liquidations ($63.17 million in the past day) and a break below the $82,000 – $83,000 support zone. Institutions have also …
Source: Coinpedia. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.
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