This plunge was mainly dragged down by the US stock market. Why? It's because of the severe inflation in the United States, which has made the stock market weak, and even our crypto market has suffered. The Nasdaq and S&P 500 both fell by more than 1% yesterday. Can the cryptocurrency market remain unscathed? Yesterday, the Americans panicked about the interest rate cut again, saying that there would be no interest rate cut before July 2025. The crypto market was also affected. It's really a fire in the city gate, and the fish in the pond are affected!
BTC is estimated to fluctuate between 93,000 and 98,000. At present, the stage bottom has appeared, which is the position of 92,500 where the needle was drawn last night. The most important thing is to see the performance of the US stock market. If the US stock market falls again, we may have to suffer. But if the US stock market stabilizes, BTC may linger around this position.
Click on the avatar to view the homepage and follow me. I am a free exchange community that shares various potential currencies every day, guides you to ambush various hundred-fold coins, and allows you to make a lot of money in this bull market.
