Bitcoin faces a tough macro test and ETFs bleed, where next for BTC?
In this news:
Key takeaways
- The cryptocurrency holds above the key psychological $80,000 level.
- Markets await upcoming US inflation data and Federal Reserve speeches.
Bitcoin is hovering around $83.5K as it attempts to recover from last week’s dip towards $80,000, with several key macro factors in play.
The largest cryptocurrency remains above the 80k psychological level ahead of this week’s U.S. inflation data and several speeches from Federal Reserve officials, including Chair Kevin Warsh.
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