Bitcoin, the top cryptocurrency, experienced a drop in price to its lowest point in a month, with the 50-day moving average suggesting a possible further decrease. Additionally, the prospect of the US maintaining interest rates at a higher level than previously anticipated is contributing to the selling pressure on BTC. The recent decline in Bitcoin’s value is also evident in Exchange-Traded Funds (ETFs), which saw a significant outflow of $620 million. Stay updated on the latest technology news by visiting NEWSLINKER.
