From Investing.com: 2024-04-05 01:52:00

Bitcoin price rose 3.3% to $67,615.0 amid uncertainty over U.S. interest rates, after falling to $64,000 earlier in the week. The dollar remained strong due to an earthquake in Taiwan, Middle East tensions, and hawkish Fed comments.

Bitcoin faces a weekly loss with a 3% decline, struggling after hitting highs of $73,000. Weakness in stock markets and slowing ETF approval drove the downturn, impacting trading activity in the space. Interest rates outlook from upcoming data is crucial for Bitcoin’s performance.

In the crypto market, ETH fell 0.8% as SEC prepares decision on spot ETFs, investigating Ethereum’s status as a security. XRP rebounded 1.8% from a one-month low, while outlook remains bleak amid the SEC’s case against Ripple. Other tokens are impacted by regulatory developments.

Read more at Investing.com: Bitcoin price today; rebounds to $67k, but gains limited by rate fears By Investing.com