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via Cointelegraph · By Cointelegraph Staff
Bitcoin Battles US Dollar and Iran Nerves at $64,000 This Week
BTC
BTC/USDT
$62,656.81
-2.31%
$62,656.81
-2.31%
(24s)24h Volume
$17,166,110,184.74
24h H/L
$65,622.83 / $62,568.90
Change: $3,053.93 (4.88%)
Long/Short
65.6%
Long: 65.6%Short: 34.4%
Funding Rate
+0.0012%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(10:13 AM UTC)
1 min read
1196 views
0 commentsBitcoin (BTC) treads water at $64,000 to start the week, but market participants see plenty of catalysts coming.
Key points:
- The US dollar is on the rebound, and history shows that Bitcoin rarely enjoys a strong DXY.
- July often does the opposite of June, and this forms the case for BTC price relief next.
- PCE inflation data is due out against a backdrop of uncertain US-Iran peace.
- Bitcoin’s…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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