🚀 Bitcoin Rollercoaster! 🎢
Yesterday, Bitcoin briefly soared past $65,000, only to face a sharp rejection, tumbling down over $2,000 and now sits below $63,000. Despite this dip, BTC enthusiasts have reasons to stay optimistic! 🌟
Last week, BTC mostly hovered below $60,000 until Friday brought two game-changing events. Fed Chair Jerome Powell hinted at upcoming interest rate cuts, and RFK's exit from the 2024 presidential race with an endorsement for pro-crypto Donald Trump sent BTC skyrocketing by over $4,000!
However, after a quiet weekend, BTC's momentum was halted at $65,100 on Monday. Despite the drop, BTC's dominance remains strong at nearly 54%, even as the overall crypto market cap dipped by $20 billion to $1.240 trillion.
While altcoins like UNI and LINK saw significant losses, Bitcoin's resilience continues to shine. Keep your eyes on BTC, folks! 🌍💪