3 reasons why Bitcoin and risk markets sold off: Is a recovery on the horizon?

Bitcoin’s recent weakness mirrors broader economic uncertainty, as unreliable economic data and shifting expectations on US growth and policy cloud investor confidence.

Key takeaways:

Disney and other consumer names disappointed on earnings, adding pressure to markets after the prolonged US government shutdown.

Analysts see no sign of insider-driven Bitcoin selling, with BTC instead reflecting wider doubts about valuations and US economic stability.

Read more

Source Link

Share with your friends!

Products You May Like

Leave a Reply

Your email address will not be published. Required fields are marked *