Bitcoin Faces Resistance Amid Market Volatility
Bitcoin is currently trading at $108,824, experiencing a slight decline of 0.06% over the past 24 hours. The day's trading range has seen lows of $107,083 and highs of $109,057.
Bitcoin's price has dipped below $108,000, facing resistance around the $110,000 mark. This pullback is attributed to a mix of crypto-specific and macroeconomic factors, including concerns about a potential U.S. recession and recent Federal Reserve minutes highlighting inflation risks