🔥Bitcoin falls after trader liquidations 👀
On Monday, August 25, #bitcoin lost strength and retreated to levels of $111,000, with a dominance of #mercado returning to 58% and with the major altcoins in red.
This drop coincides with the outflow of liquid capital from the market and the possible realization of profits obtained with Bitcoin last Friday, August 22, following the very optimistic speech of the Federal Reserve Chairman (#Fed ) Jerome Powell regarding the possible interest rate cuts.
However, the speech of #Powell was also marked by the possibility of a rebound in inflation, as Powell has been mentioning in previous discussions, due to Donald Trump's trade war. Meanwhile, we will have to see how the month ends for the price of Bitcoin.
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