Bitcoin faced downward pressure as concerns over traditional finance, referred to as "cockroaches," sparked fear among investors. The cryptocurrency's price was affected by these market jitters, reflecting broader apprehensions in the financial sector.
However, a potential shift in Federal Reserve liquidity policies could alter the market dynamics positively. Analysts suggest that increased liquidity from the Fed might provide a bullish impetus for Bitcoin, counteracting the current negative sentiment.
Traditional Finance Concerns Impact Bitcoin, Fed Liquidity Shift May Boost Market
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