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US PMI Drop Puts Pressure on Bitcoin and Crypto Market Amid Cooling Business Activity /
npub12fg…vgdl
2024-05-15 23:55:26

US PMI Drop Puts Pressure on Bitcoin and Crypto Market Amid Cooling Business Activity on Nostr: Bitcoin Price Stuck at $62k as Inflation Concerns Deter Big Bets =============== ...

Bitcoin Price Stuck at $62k as Inflation Concerns Deter Big Bets
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#4b5de303 ver:0.51

Bitcoin price remains stagnant at $62k as inflation concerns deter big bets. Crypto investment products see inflows, but overall trading volumes remain low. Altcoins experience modest gains while memecoins rally on Wall Street. Bitcoin's future depends on U.S. rates and key inflation data. Network activity decreases, and big investors are inactive. Bitcoin needs U.S. high yield rate to drop for sustainable rally. Short-term holders may face losses. #Bitcoin #inflation #crypto #investing...

#newstr #Bitcoin #InflationConcerns #CryptoInvestmentProducts #Altcoins #UsHighYieldRate #NetworkActivity #BigInvestors #BitcoinEtfs #PricePrediction

https://here.news/story/4b5de303?ver=0.51
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