Bitcoin gives back gains as ‘hawkish’ Fed costs bulls a trip to $70K

From CoinTelegraph: 2024-06-13 05:32:01

Bitcoin’s price failed to sustain momentum, retracing back to pre-inflation data levels. Bears capitalize on the lack of bullish pressure, pushing BTC down. The cryptocurrency struggles below key resistance levels as market sentiment sours. Investors monitor the situation closely for potential trend shifts.

Read more at Cointelegraph: Bitcoin gives back gains as ‘hawkish’ Fed costs bulls a trip to $70K