Bitcoin News: Will BTC Price Rally Amid Upcoming Macroeconomic Shifts?

Quick Summary:

The fear of further crypto crashes in the coming weeks and potentially in September continues to increase among investors.

During the same period, Bitcoin miners almost mined coins to the same value, thus yielding an equilibrium between buyers and sellers.

Furthermore, Bitcoin’s fear and greed index dropped from 39 percent on Thursday to 34 percent on Friday after the flagship coin retraced below $61k.

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Article Details

Author / Journalist: Elena R

Category: Crypto

Markets: United States

Topics: Price Analysis News Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-23 @ 12:44:07 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 354 words

Reading Time: 2 minutes read

Sentences: 30 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 22228191

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 28 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #112

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