#山寨币交易
Keep it up everyone, latest news on negative factors
Currently, the price of Bitcoin (BTC) is approximately $103,796, up about 0.72% from the previous trading day.
Despite the recent price increase, there are still some potential negative factors in the market that may put pressure on BTC prices:
Uncertainty in Federal Reserve policy: Although the market expects the Federal Reserve to keep interest rates unchanged, investors are still closely watching Chairman Powell's statements for clues about future monetary policy. Any hawkish remarks could suppress market risk appetite and put pressure on cryptocurrencies.
Poor Coinbase earnings report: Coinbase's recently released earnings report showed that first-quarter trading revenue dropped by 19%, and earnings per share were far below market expectations, raising concerns about decreased cryptocurrency trading activity.
Potential technical pressure: Although BTC has surpassed $100,000, technical analysis shows that the price increase is accompanied by a decrease in trading volume, which may suggest weakening upward momentum, necessitating caution towards potential price corrections.