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Bitcoin Price Faces Headwinds, But Further Gains Still PossibleMichael AbadhaJul 23, 2024, 16:51 BST
$Bitcoin(BTC.CC$
This is a Japanese translation of the news column that says that although the BTC price was a blaze before the wind, there is still a possibility that it will rise.
Bitcoin's price fell for the second day in a row on Tuesday due to a lack of strong market fundamentals to sustain the recent upturn. At the time of writing this article, the price of BTC was $66,758, down 1.3% on the daily chart. The recent global IT outage has fueled cryptocurrency prices across the board, and crypto enthusiasts have pointed to it as a potential turning point for the world to reconsider the strengths of decentralized financial assets and ecosystems. However, since there is no further development on that front, Bitcoin is looking for new volatility elsewhere.
Bitcoin could get a chance to reclaim against the US dollar later this week if the US releases personal consumption expenditure (PCE) figures despite Monday and Tuesday's setbacks. PCE means...
This is a Japanese translation of the news column that says that although the BTC price was a blaze before the wind, there is still a possibility that it will rise.
Bitcoin's price fell for the second day in a row on Tuesday due to a lack of strong market fundamentals to sustain the recent upturn. At the time of writing this article, the price of BTC was $66,758, down 1.3% on the daily chart. The recent global IT outage has fueled cryptocurrency prices across the board, and crypto enthusiasts have pointed to it as a potential turning point for the world to reconsider the strengths of decentralized financial assets and ecosystems. However, since there is no further development on that front, Bitcoin is looking for new volatility elsewhere.
Bitcoin could get a chance to reclaim against the US dollar later this week if the US releases personal consumption expenditure (PCE) figures despite Monday and Tuesday's setbacks. PCE means...
Translated
![Bitcoin Price Faces Headwinds, But Further Gains Still PossibleMichael AbadhaJul 23, 2024, 16:51 BST](https://sgsnsimg.moomoo.com/sns_client_feed/183665717/20240724/87d1de5bf844e104e41202d7c284184b.jpg/thumb?area=105&is_public=true)
![Bitcoin Price Faces Headwinds, But Further Gains Still PossibleMichael AbadhaJul 23, 2024, 16:51 BST](https://sgsnsimg.moomoo.com/sns_client_feed/183665717/20240724/4cad881a77a5e036e53168c546a238b8.jpg/thumb?area=105&is_public=true)
![Bitcoin Price Faces Headwinds, But Further Gains Still PossibleMichael AbadhaJul 23, 2024, 16:51 BST](https://sgsnsimg.moomoo.com/sns_client_feed/183665717/20240724/3cc5940e38ca59a7cfa4b98f82cf7ee8.jpg/thumb?area=105&is_public=true)
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