Bitcoin price is struggling despite optimism for Fed interest rate cuts, remaining in a downtrend.

From Cointelegraph
July 11, 2024 4:15:00 pm:

Despite investor optimism for Fed interest rate cuts, Bitcoin price remains in a downtrend. The lack of positive movement is perplexing many in the market, who are closely watching for any signs of a reversal. The future of Bitcoin’s price remains uncertain as it struggles to break through the current resistance levels.

Read more at Cointelegraph: Bitcoin price struggles as investors expect Fed interest rate cuts — Why?