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Bitcoin swings: What’s next for the Crypto craze?
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whqqq joined discussion · Nov 26, 2024 13:04

Bitcoin Falls Below $94K as Profit-Taking Hits

Bitcoin extended its weekend losses amid intense profit-taking. Bessent's nomination as Treasury Secretary shifted investor expectations toward economic stability, pressuring Bitcoin and boosting Treasuries.
Despite this, crypto-related ETF developments and bullish $Strategy (MSTR.US)$ ratings from Bernstein and others signal long-term optimism. MSTR opened higher but closed down over 4%.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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