🔥Why is the market in red?
The price of #Bitcoin! has retreated, taking it to $65,200, amid recent macroeconomic data announcements and Bitcoin sales by miners after #Halving! .
The #Criptomonedas market is in the red right now, just after a slight decrease in inflation and an unchanged interest rate were mentioned. According to the Federal Reserve (#FED ), this year we would only have a single rate cut, when initially it was said that there would be 3. This is not very favorable data.
Furthermore, according to QCQ capital analysts, Bitcoin's recent drop could also be attributed to sales of Bitcoin holdings by miners who are trying to make profits now, following the halving reward reduction.
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