As Bitcoin Dominance nears 3-year high, what this week holds for BTC
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Bitcoin dominance in the cryptocurrency market is approaching its highest level in three years. This situation could set the stage for significant movements in the BTC price for the upcoming weeks.
The Bitcoin 2024 conference, recently concluded, might influence market sentiments. Furthermore, upcoming actions and announcements by the Federal Reserve could play a crucial role in determining Bitcoin's trajectory in August.
Market participants and analysts are closely monitoring these developments, anticipating any shifts or trends that might emerge.
Fonte: ambcrypto.com ↗
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