Bitcoin’s worth has been retracing after setting a brand new all-time excessive above $124K. Nonetheless, following yesterday’s Federal Reserve announcement relating to a potential rate of interest reduce, the market discovered assist at a key stage and bounced. If this zone continues to carry, BTC might be primed for an additional upward rally. By Shayan…
TL;DR Around 120,000 BTC were bought during the recovery from $112K to $114K, showing buyer interest. Long-term holders locked in $44 million profit during the price bounce, signaling cautious selling. US liquidity growth and rate cut expectations may support altcoins if current trends continue. Buyers Enter Near 112K Roughly 120,000 BTC were bought as Bitcoin…
Today, being August 1, means that many of US President Donald Trump’s tariffs against multiple nations are supposed to be enforced, which had a drastic impact on the cryptocurrency market. Bitcoin, for one, dropped by several grand in a day to a multi-week low of under $114,500. Trump’s Latest Tariff Adjustments August 1 was a…