Bitcoin was recently trading at about $26,440, off roughly 3% over the past 24 hours and near its lowest level since May 12 when the largest cryptocurrency by market capitalization dipped below $26,000. In this period, BTC has been slogging through low trading volume and volatility as markets wrestle with the prospect of a U.S. government unable to pay its debts and ongoing crypto regulatory and macroeconomic uncertainties. Until Wednesday, bitcoin had remained in a $26,500 to $27,500 range.
Related posts
-
JPMorgan, Deutsche Bank expect no rally for Bitcoin, say halving priced in
Analysts from JPMorgan Chase & Co and Deutsche Bank AG say the upcoming halving is mostly... -
BNB Price May Have Another Chance For A Bullish Streak: Here’s How
BNB price is attempting a fresh increase from the $515 zone. The price could gain bullish... -
Stacks co-founder believes layer 2 will drive adoption for 2nd phase of Bitcoin
Muneeb Ali, co-founder of Stacks, shared his perspective on the rapid shift towards a diverse and...