Source: Coindesk.com
Bitcoin spot selling on exchanges weighed on prices with a built up of short derivatives positions around the $72,000 level, one observer noted. Soft U.S. economic data, rate cuts could foreshadow dovish a Fed meeting next week.
Bitcoin (BTC) is increasingly compressed in a narrow range as the latest effort to
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The post "Bitcoin Falls Back After Attempt at $72K, but Fed, U.S. Data and Global Rate Cuts May Bring New All-Time Highs" appeared first here Coindesk.com.
Source: Coindesk.com
