Oddbean new post about | logout
 Bitcoin Price Hovers Around $61,000 Amid Regulatory Concerns and Inflation Anxiety
===============	
#4b5de303 ver:0.85

Bitcoin price hovers around $61,000 amid regulatory concerns and inflation anxiety. Federal Reserve's cautious stance and macroeconomic indicators shape market sentiment. Traders remain cautious due to rate cut cues and softer inflation. Market volatility expected to continue. Stick with Bitcoin and avoid Ethereum due to lower CPI number. German government's sale of confiscated Bitcoin and CFTC investigation contribute to price decline. Spot Bitcoin ETFs see inflows ahead of key macroeconomic data release. Quarterly settlements and government sell-offs add to market uncertainty. $60,000 support level critical. US GDP growth rate data could sway market sentiment. #Bitcoin #cryptocurrency #regulation #inflation...

#newstr #Bitcoin #Etf #Inflows #UsGdpData #BtcPrice 

 https://here.news/story/4b5de303?ver=0.85