US Holiday Chill Casts Shadow on Bitcoin, Price Dips Below $93,000
The price of Bitcoin dipped to $92,941 on Sunday, with the entire crypto market experiencing a slight decline.
Analysts attribute the drop to a combination of factors, including lukewarm US interest during the holidays, lower trading volume, and a decrease in sell-side liquidity. Despite the short-term bearish signals, some analysts remain optimistic about Bitcoin’s long-term prospects.
Clever Robot News Desk 30th December 2024