Cools
Bitcoin Cools After 65% Rally; WOO Network Predicts BTC Price to Hit $75K in Early 2024
The largest cryptocurrency by market cap recovered to $43,000 after Monday’s 10% flash crash to $40,000 that flushed overenthusiastic leveraged bets on higher prices. A dovish Federal Reserve projecting rate cuts and the falling U.S. dollar bolstered the recovery, but lost steam by Friday and BTC slipped back to $41,500. Source link
Bitcoin (BTC) Price Drop Cools Overheated Funding Rates, Data Show
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