Matrixport: Bitcoin price is consolidating today, and the upward trend is being challenged
Mars Finance News, Matrixport’s latest report states that Bitcoin prices have rebounded significantly since early February and have established a clear upward trend line. This uptrend is being challenged as prices consolidate today. Some believe that Bitcoin typically experiences a decline before halving; others believe that it is related to the expected repricing of U.S. interest rates. Bitcoin has been struggling this month.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ripple and Archax Launch World’s First Tokenized Money Market Fund on XRP Ledger
XRP, SOL and DOGE pare gains as Bitcoin retraces below $93k
Bitget Daily Digest | BTC faces short-term drop, XRP ETF filed by WisdomTree
Spot Bitcoin Exchange Traded Funds (ETFs) in the US See Massive Outflows! Is This the Reason for the Drop? Here Are the Details
Spot Bitcoin exchange-traded funds in the US posted $438.4 million in outflows, ending a five-day streak of net inflows.
Trending news
MoreCrypto prices
More
