The $BTCUSD pair moved sideways during the weekend as investors attempted to buy the dip following last week’s major crash. Bitcoin Forex
, the biggest cryptocurrency in the world, has been under intense pressure in the past few weeks. This performance started in November when the coin jumped to its all-time high of over $68,000.
These concerns have continued this year. For one, minutes published this month showed that officials were considering implementing about three rate hikes this year. Some officials have also said that more rates than that are necessary in a bid to lower consumer prices.
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