Bitcoin Falls as Dollar Eyes '5-Day Best' in 14 Months on Expected Continued Rate Cut

As THE WE. dollar strengthens, Bitcoin price has decreases leading up has It is April 20 reduce by half And THE The Fed expected rate cut break In May.

Markets News

Own This piece of crypto history

Collect This article as NFT Join We on social networks

THE United States dollar East look It is "best 5 days run" Since FEBRUARY 2023, while Bitcoin (BTC) has abandoned on that time as interest rates are expected has stay high And THE cryptocurrency see volatility leading up has It is April 20 reduce by half.

THE dollars reinforcement East likely led by expectations of supported upper interest rates, according to has trade Resource THE Kobeissi Letter.

"Less that A month There is, markets were anticipating THE fed has to start Cut In June. Upper For longer East NOW THE base case," THE Kobeissi Letter wrote In A April 17 X post.

Upper interest rates typically encourage stranger investors has take ...