Bitcoin stabilised in the mid-$60Ks after weeks of sharp drawdowns, as forced selling pressure eased. This week: a new US-Japan trade agreement.
There was continued weakness in the crypto market this week with Bitcoin making a new cycle low, breaking through the February floor...
What a week it has been. Bitcoin dropped 12.2%, plummeting below $70,000, the kind of move that would typically drag the entire altcoin market...
It was a relatively flat week for the majors, Bitcoin ranging between $74,000 and $78,000 and Ethereum holding between $2,000 and $2,100.
Bitcoin fell 5.5% as hot inflation data pushed back rate-cut hopes, even as Strategy bought another $2B in BTC.
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