Fresh news! 🚀
Bitcoin (BTC) rose 2.4% after retesting the $59,900 support on Oct. 3, despite initial resistance at $62,000. What drove this move? US economic data, stimulus expectations in Japan, and concerns about the American financial system.
- The US dollar hit a 50-day high against other major currencies.
- The "Milkshake Theory" could explain this anomaly, suggesting that the dollar is absorbing global liquidity.
Do you think BTC will continue to rise? Let us know your thoughts in the comments!