Bitcoin Rebounds to $65K Despite Crypto Price Crash and ETF Demand Decline
TL;DR Summary
Bitcoin slipped below $65,000 as the U.S. dollar strengthened due to the Swiss central bank's interest rate cut, but analysts believe the pullback is over and the cryptocurrency is targeting higher levels in the next uptrend phase. While Bitcoin declined, XRP, FIL, and ICP saw gains, and SOL and AVAX experienced losses. Analysts anticipate strong performance for altcoins and bitcoin miners in the upcoming uptrend, with BTC needing to hold the $65,000 level and break above $69,000 to reignite its rally.
- Bitcoin Slips to $65K Amid Stronger Dollar, But Analyst Says the 'Pullback Is Over' CoinDesk
- Bitcoin turns higher after Fed meeting, reclaiming $65,000 CNBC
- $300 Billion Crypto Price Crash Suddenly Accelerates As Bitcoin, Ethereum And XRP Traders Brace For A Fed Shock Forbes
- Bitcoin’s Slump Is the First Test for ETF Enthusiasm, What’s Next for Cryptos. And 5 Other Things to Know Before Markets Open. Barron's
- Evaporating US Bitcoin ETF Demand Sends Token to a Two-Week Low Yahoo Finance
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