Bitcoin’s price experienced a notable decline, dropping nearly 3% in a single day to settle at $69,134. This decline coincided with mounting uncertainties surrounding the United States’ economic trajectory, prompting discussions among industry experts about the potential implications for Bitcoin’s future. One such expert, Darius Dale, Founder & CEO of 42Macro, has offered insights into Bitcoin’s price dynamics amidst economic uncertainties, challenging prevailing assumptions and shedding light on the complex relationship between macroeconomic factors and digital asset valuations.·
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