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Bitcoin Pops Above $73,000—But The Tape Screams: Selling Pressure Hits Months-High
Bitcoin (BTC) regained the $73,000 level on Friday after earlier dipping to $72,500 earlier in the day for the first time since April. While the rebound may look like a quick recovery on the chart, market analyst J.A. Maartun said the bigger story is what the data shows about selling pressure underneath the surface. In […]
Fed’s Bowman Backs 3 Rate Cuts By Year-End – Another Crypto Catalyst?
Federal Reserve Governor Michelle Bowman has publicly called for the US central bank to implement multiple interest rate cuts before 2025 ends. Michelle’s statement comes amid a monetary policy stalemate between US President Donald Trump and Fed Chairman Jerome Powell. Related Reading: Trump Appoints Pro-Bitcoin Fed Economist, Boosts Crypto & Bitcoin Hyper Sentiment Rate Cuts […]
Sour crypto mood could fuel an ‘unexpected rally’ this month: Santiment
Crypto market sentiment remains fearful as the broader market continues to slump, but that could be a good thing, as weak hands sell off, Santiment argued.