Bitcoin slips to about $63,000 as the cryptocurrency tracks for third straight losing day
Publishing timestamp: 2024-03-20 12:54:40
Summary
Bitcoin fell for the third day in a row as investors await the conclusion of the latest Federal Reserve meeting. The recent decline in bitcoin is attributed to profit-taking after a significant rally, with some analysts predicting further weakness if it falls below $60,000. Other cryptocurrencies also moved lower, while crypto-linked stocks performed better. ETFs related to bitcoin also saw net outflows for the first time since March 1.
Sentiment: MIXED
Tickers: BTC.CM=, ETH.CM=, IREN, CLSK, MARA, MSTR, COIN, XRP.CM=, RIOT, SOL.CM=,
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