Here's the latest News about Bitcoin $BTC
1. Bitcoin Faces Bearish Pressure Amid Long Liquidations: Bitcoin has encountered increased bearish pressure recently due to a large number of long positions triggering liquidations, pulling the price downward . The MACD histogram has turned negative, indicating increasing downward momentum .
2. Serious Bitcoin Price ‘Suppression’ Warning Adds To ‘Death Cross’ Crash Fear: Influential bitcoin company executive Samson Mow warned of "price suppression" as bitcoin nears a so-called “death cross,” which could herald a bitcoin price crash.
3. Bitcoin up 2.1% after FOMC Minutes Signal Possible QT Slowdown: Bitcoin rose by 2.1% after the Federal Reserve's cautious stance on quantitative tightening (QT) indicated a potential slowdown. Fed officials are considering pausing balance-sheet reduction due to maximum employment and inflation progress.
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