$BTC The price of Bitcoin has recently witnessed significant fluctuations, influenced by several key factors:
Macroeconomic environment: The movements of monetary policies by central banks, such as interest rate hike decisions, continue to significantly affect investors' risk appetite.
Market liquidity: Trading volume is experiencing changes, which affects the price's ability to maintain its levels or face selling pressure.
Legislative developments: Any news regarding the regulation of digital currencies by governments or financial institutions can cause sharp movements in the market.
Investor sentiment: This sentiment is greatly affected by positive or negative news, such as news related to institutional adoption of Bitcoin or concerns about cyber attacks #BinanceAlphaAlert #CryptoIn401k #CPIWatch #DeFiGetsGraded #REVABinanceTGE