đ Bitcoin's Rollercoaster Ride: From $63K to $65K and Back! đ
After a calm weekend hovering around $63,000, Bitcoin (BTC) kicked off Monday with a bang in the Asian trading session, nearly touching $65,000! However, the bears quickly stepped in, bringing some wild volatility to the market.
Last week was a bullish one for BTC, especially after the US Federal Reserve cut key interest rates by 0.5%. This move sent Bitcoin soaring to over $64,000 on Friday. But the weekend saw BTC lose some steam, trading mostly around $63,000.
Sunday night and Monday morning were a whirlwind! BTC dipped to $62,400, shot back up to $64,000, and even hit a four-week high of $64,800 before settling around $63,800.
This volatility has been tough on over-leveraged traders, with nearly 62,000 liquidations totaling $165 million. Despite the ups and downs, Bitcoin's resilience shines through! đ
Stay tuned for more BTC action!
