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SOL-0.43%
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TRX-0.54%
ETH-1.01%
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SOL-0.43%
XRP-1.47%
USDC+0.01%
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Stronger U.S. dollar and long-term holder selling keep bears on top in bitcoin
Martin Young
2d ago
Stronger U.S. dollar and long-term holder selling keep bears on top in bitcoin
Bitcoin is under pressure from two sides: sustained selling and a fresh macro headwind. Analysts say a strengthening U.S. dollar is adding to downside forces. They also point to continued distribution as weighing on the market.
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Disclaimer: The content above is only the author's opinion and does not represent Stellare’s stance. It shall not be construed as investment advice from Stellare. For details, refer to the Terms and Conditions.
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