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Bitcoin rebounded from support but cannot find reasons to break through resistance
The crypto market capitalisation rose 0.5% during the day to $3.90T, following the reversal of the stock markets and Bitcoin at the end of the day on Wednesday, after falling to $3.79T immediately after the Fed’s announcement on the key rate. The influence of macroeconomic factors on cryptocurrencies continues to grow, even in the absence of major industry developments — a trend that can also be seen as part of the market’s maturation. Bitcoin bulls once again defended the lower boundary of the range, which has been holding for almost three weeks, preventing the price from settling below $116K on Wednesday ... (full story)
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