The BTC/USD pair retreated sharply as concerns of the soaring interest rates and the new Coinbase investigation rose.
Enter your emailThe pair will continue falling as sellers target the next key support at 19,500.Timeline: 1 day.retreated sharply as concerns of the soaring interest rates and the new Coinbase investigation rose.
As a result, the Dow Jones, Nasdaq 100, and S&P 500 indices declined by more than 1.50%. This trend could continue as tens of large companies are expected to publish their results this week. In fact, about half of all firms in the S&P 500 index are expected to release their results this week. In the past few months, there have been a correlation between stocks and Bitcoin.
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