Bitcoin's Resilience: A Battle of Forces

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Sâmbătă

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Bitcoins Price Resilience Amidst ETF Outflows and Feds Cautious StanceDespite money flowing out of Bitcoin ETFs and the Federal Reserves hesitance to cut interest rates, Bitcoins price remains steady around $67,000. This resilience is attributed to strong support levels and continued interest from institutional investors, who view Bitcoin as a long-term asset and a hedge against inflation.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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