“Bitcoin price remains below $66,000 after some modest rallies were met with rapid selling action during US trading hours.
But hey, who said that the world of cryptocurrencies was going to be a quiet place?
Bitcoin had two rallies to the $66,500 level on Wednesday. One came after a weaker-than-expected report on March growth in the U.S. services sector, and the other came after Federal Reserve Chair Jerome Powell said he still expected cuts in rates this year.
However, the price of Bitcoin has fallen almost 10% below an all-time high of around $73,500 on March 12. 😱 But remember, in the world of cryptocurrencies, ups and downs are as natural as falls. 🎢
So where do you think Bitcoin is headed? I'm waiting for your comments! 👇#Bitcoin
