Bitcoin Maintains its Strength Amid Economic and Geopolitical Pressures
Bitcoin (BTC) fell during the early U.S. trading session but remained mostly stable after weak macroeconomic data was released. Bitcoin was trading just below $95,000 by the end of the day, marking a 0.5% increase over the past 24 hours. The Dallas Fed Manufacturing Index plummeted to -35.8, the lowest level since May 2020, reflecting significant economic concerns caused by the Trump tariffs. Meanwhile, hostilities between India and Pakistan may have also heightened market tensions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 86,800 SOL transferred to a certain exchange, worth approximately $11.95 million
In the past 7 days, only 5 public blockchains had fee revenues exceeding $1 million.
Data: If ETH falls below $2,882, the total long liquidation volume on major CEXs will reach $962 millions.
Musk: Grok is open-source software, anyone can use it for free
Trending news
MoreCrypto prices
More
