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Bitcoin Technical Analysis
The recent hawkish repricing in the markets for more Fed hikes weighed on Bitcoin as it has become a risk asset since wider adoption made it to correlate with more traditional markets and fundamentals. Recently, those hawkish expectations started to ebb given more disappointing economic data, but this week it’s the SEC that weighed on Bitcoin. In fact, the U.S. Securities and Exchange Commission (SEC) sued on Monday Binance, the largest cryptocurrency exchange in the world, and Chairman Zhao for...
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Posted: Jun 7 2023, 10:38
Author Name: forexlive
Views: 111693