#ConfianzaDelMercadoHoy
Discover 3 key reasons why the price of Bitcoin (BTC) has fallen recently!
Impact of Macroeconomic Data 📉
Bitcoin has felt pressure from strong US economic data, with growth of 2.8% in the second quarter and a decline in jobless claims. These indicators strengthen the dollar and decrease the attractiveness of assets like Bitcoin, considered a hedge against inflation.
Fear of an Artificial Intelligence Bubble 🤖
Concerns about a possible bubble in the artificial intelligence sector have affected both traditional markets and the crypto market. With big names like Crowdstrike and Intel Corp seeing significant declines, the overflowing enthusiasm for AI could be leading to a broader correction, dragging down Bitcoin in the process.
An Ongoing Court Case against Bitfinex and Tether ⚖️
The recent decision by the US District Court to proceed with a lawsuit against Bitfinex and Tether, alleging market manipulation, has created uncertainty. Although it is a civil case and still in its early stages, investors are concerned about the possible long-term impact on the cryptocurrency market.
🔍 Although these reasons have contributed to a 6% drop in Bitcoin, support at $64,000 remains firm. Stay informed and take advantage of market opportunities!
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