Bitcoin Dips to $68K; $100K on Sight Before April Halving

Bitcoin experienced a brief dip, reaching as low as $68,500, primarily due to investor profit-taking. However, the decline was short-lived, as bullish buyers quickly intervened, pushing the price back to $70,500. Market Sentiment Weighed by Inflation Data Bitcoin soared to fresh all-time highs during Thursdays European trading hours, reaching the $73,800 range. Despite this, the day closed with the cryptocurrency trading approximately 3.5% lower, hovering around $70,500. This drop was influenced by hotter-than-expected US Producer Price Index (PPI) inflation data, following earlier...

source: https://tokenpost.com/Bitcoin-Dips-to-68K-100K-on-Sight-Before-April-Halving-11419

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Published by: Book Club
Source: NewsService