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Bitcoin slips below $59,000 as strong dollar and Fed uncertainty weigh on sentiment

Bitcoin dipped below $59,000 amid a strong dollar and Federal Reserve uncertainty, with major altcoins showing mixed movements. Analysts point to investor caution ahead of key U.S. economic data and Fed minutes, while long-term holders and institutional investors appear to maintain conviction. Spot Bitcoin ETF flows remain subdued, indicating a wait-and-watch approach from large players.

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Economic TimesLean R·3h ago
Bitcoin slips below $59,000 as strong dollar and Fed uncertainty weigh on sentiment
Bitcoin dipped below $59,000 amid a strong dollar and Federal Reserve uncertainty, with major altcoins showing mixed movements. Analysts point to investor caution ahead of key U.S. economic data and Fed minutes, while long-term holders and institutional investors appear to maintain conviction. Spot Bitcoin ETF flows remain subdued, indicating a wait-and-watch approach from large players.
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Bitcoin slips below $59,000 as strong dollar and Fed uncertainty weigh on sentiment

How 1 sources are covering this

Bitcoin slips below $59,000 as strong dollar and Fed uncertainty weigh on sentiment

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