Bitcoin Dips, Altcoins Plummet; Central Banks in Focus

Bitcoin and other cryptocurrencies experienced a downturn, with Bitcoin dipping below ninety thousand dollars and major altcoins like Solana, XRP, Dogecoin, and Cardanos ADA showing double-digit losses over the past month. The CoinDesk Twenty Index also dropped nearly one percent. Market watchers warn that Bitcoins stability could turn into a downturn if key support levels arent maintained, with eighty-six thousand dollars being a crucial level for Bitcoin to hold. Meanwhile, markets are taking a breather before a packed schedule of macroeconomic announcements, including employment indicators in the US and a potential interest rate hike by the Bank of Japan.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.