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Bitcoin Faces Resistance at $65,000 and Retraces to $58,000-$60,000 Range Cointurk 31 Aug 2024

Bitcoin Faces Resistance at $65,000 and Retraces to $58,000-$60,000 Range 📉

USA Bitcoin

Bitcoin faced resistance at the $65,000 level, leading to a retracement to the $58,000-$60,000 range. This movement is notable amid increased expectations of a Federal Reserve rate cut influenced by recent US macroeconomic data.

The fluctuation in Bitcoin's price highlights the continuing volatility in the cryptocurrency market and the influence of broader economic factors on crypto assets.

Source: en.coin-turk.com ↗

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