CryptoQuant: Fed’s hawkish dot plot drives Bitcoin below $64K as gold stages comeback

The $BTC price has come down to the bottom of a potential bear flag and has also tagged support at $63,700. With this relatively firm base beneath, Bitcoin looks set to embark on the next leg up. $69K is a possible target.

Bitcoin has fallen back toward the $64,000 level after the Federal Reserve adopted a hawkish policy stance, erasing a relief rally that had been fueled by easing Middle East tensions and renewed hopes for lower energy prices. According to crypto.news…

DEXE and UNI have dumped the most today, both dropping by double digits.

Capital B's strategy could reshape European Bitcoin investment, testing market appetite for leveraged crypto exposure amid regulatory risks. The post Capital B shareholders approve massive share issuance and credit facility for Bitcoin acquisitions appeared first on Crypto Briefing.

Lower gas prices boost consumer spending and ease inflation, potentially influencing Fed policy, but hinge on fragile US-Iran diplomacy. The post US gasoline prices fall below $4 a gallon for first time since March appeared first on Crypto Briefing.

Tether has started trimming its Bitdeer (NASDAQ: BTDR) stake after reloading on the bitcoin mining and AI data center operator’s stock during a February selloff, generating about $12.7 million in proceeds. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, […]