U.S. inflation risks BTC resuming its record weekly losing streak.
the current environment with the March 2020 COVID-19 crash. This year’s slow bleed, he argued, was if anything more painful than the “car crash” price declines of the time that briefly took Bitcoin to $3,600.
If it were to end the week at current levels or any below $29,450, meanwhile, BTC/USD would be threatening its lowest weekly close since December 2020.Looking ahead, forthcoming decisions on rate hikes in response toBTC price snaps its longest losing streak in history — 5 things to know in Bitcoin this week
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