🔸️BTC🔸️
🕳🕳🕳
👈👈👈The price of Bitcoin has decreased by 2.4% to $87,990.99 over the past 24 hours, trailing behind the overall performance of the cryptocurrency market (-1.81%). Here are the reasons:
🔶️Concerns about a rate hike by the Bank of Japan - traders are preparing for a possible increase of 25 basis points on December 18, which has historically been associated with sharp declines in the price of Bitcoin.
🔶️Weak demand indicators - demand for blockchain has remained negative since late November, with new investors suffering losses.
🔶️Technical analysis - Bitcoin failed to hold above the support level at $90,000; the Relative Strength Index (44.7) indicates weak bullish momentum.
✅️$BTC
BTC
86,480.59
-1.11%
✅️$ETH
ETHUSDT
Perp
2,829.91
-4.26%
✅️$BNB
BNBUSDT
Perp
842.24
-2.86%