A Bitcoin breakout attempt briefly pushed price above $65,000 on Aug. 5, but failed to sustain the move, even as Fed funds futures put the odds of a September rate hike at 57.4% as of Aug. 5, down from 80.5% a week earlier. Brent crude fell more than 5% on Au…
Why This Bitcoin News Matters
Bitcoin is the world's largest cryptocurrency by market cap. This development may directly affect BTC price, miner activity, and overall crypto market sentiment. Traders and long-term holders alike should stay informed.
This is for informational purposes only — not financial advice.
Always do your own research (DYOR) before making any investment decisions.
This is a summary. Read the complete story on the original source:
Read Full Article on CryptoSlate