$BTC
This week,Bitcoin has experienced significant volatility, influenced by macroeconomic factors, market sentiment, and regulatory developments from the previous week.
Key factors impacting Bitcoin’s price this week include:
1.Fed Interest Rate Expectations– Investors are closely watching U.S. inflation data and Federal Reserve signals, as potential rate cuts could boost crypto demand.
2.ETF Flows – Spot Bitcoin ETFs (like those from BlackRock and Fidelity) saw net inflows/outflowsaffecting market liquidity.
3.Geopolitical Tensions– Uncertainty in the Middle East and elsewhere has driven some investors toward Bitcoin as a hedge.
4.On-Chain Activity – Large Bitcoin transfers by whales and exchange movements have added to price swings.
Analysts are divided on Bitcoin’s short-term direction, with some predicting a rebound toward 70,000 if bullish momentum returns, while others warn of further corrections if selling pressure persists.