Markets see 0.5% Fed rate cut — 5 Things to know in Bitcoin this week
Bitcoin stares down Fed rate cut week at key resistance with plenty of BTC price volatility expected in the coming days.
Bitcoin (BTC) starts a pivotal macroeconomic week with the battle for $60,000 support raging.
Bitcoin came under pressure into the Sept. 15 weekly close, costing bulls both $60,000 and a chunk of the week’s recovery.
Data from Cointelegraph Markets Pro and TradingView shows BTC/USD circling the $59,000 mark at the time of writing, having still managed to gain 7.8% over the past week.
Bitcoin stares down Fed rate cut week at key resistance with plenty of BTC price volatility expected in the coming days.
Bitcoin (BTC) starts a pivotal macroeconomic week with the battle for $60,000 support raging.Bitcoin came under pressure into the Sept. 15 weekly close, costing bulls both $60,000 and a chunk of the week’s recovery.Data from Cointelegraph Markets Pro and TradingView shows BTC/USD circling the $59,000 mark at the time of writing, having still managed to gain 7.8% over the past week.Read more