The crypto markets are reeling from a one-two punch: the new Fed chairman's policies and escalating geopolitical tensions. Bitcoin has failed to maintain its critical support levels, consequently plummeting to depths not seen since October 2023. This sharp decline underscores what many analysts believe is an increasingly volatile and unpredictable landscape for digital assets, with uncertainty now dominating the trading environment.
The new Fed chairman and geopolitical risks affect cryptocurrency outlook. Bitcoin fails to maintain key levels, hitting lowest since October 2023.
Continue Reading:Witness Bitcoin’s Dramatic Plunge in A Volatile Crypto Market
The post Witness Bitcoin’s Dramatic Plunge in A Volatile Crypto Market appeared first on COINTURK NEWS.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.