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Bitcoin strength wanes as crypto market stuck in 5 month ‘structurally ordered downtrend’

Bitcoin’s weekend rally to $65,000 has evaporated despite confirmation that the US Federal Reserve will cut rates in 2024.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin strength wanes as crypto market stuck in 5 month ‘structurally ordered downtrend’

Bitcoin’s weekend rally to $65,000 has evaporated despite confirmation that the US Federal Reserve will cut rates in 2024.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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