Bitcoin has failed to consolidate above $62,000 again and has fallen 11% in the last 30 days. At the same time, the S&P 500 index has risen 1%. Investors are hoping for growth in the market of risk assets, including BTC, if the Fed cuts interest rates by 0.50%. However, uncertainty and negative sentiment in the crypto sector continue to weigh on the market. 📉
The US court upheld the SEC against Kraken, weakening investor confidence.