Bitcoin Price Analysis: The cryptocurrency market extended its correction trend for the first of July as Bitcoin witnessed a massive outflow. Amid the liquidation of the fallen Mt. Gox exchange, the US and German governments, the BTC price fell to a 4-month low of $53,500 on Friday. While the weekends are mostly stable for digital assets, the aforementioned entities could offload more BTC this month, creating a concern of further downfall.
Bitcoin Price Analysis: How Bull Flag Defends $1 Trillion Market Cap for BTC
coingape.com
06 July 2024 16:57, UTC