Bitcoin Edges Higher, Remains at Lower Levels After Recent Falls — Market Talk
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Bitcoin rises slightly as European equities start the day in positive territory. However, it remains at weaker levels after dropping well below $70,000 on Thursday to its lowest in more than a week. The cryptocurrency's falls followed a cautious tone from the U.S. Federal Reserve in response to uncertainties surrounding the war in the Middle East and elevated energy prices, Saxo analysts say in a note. "The key takeaway for investors is that crypto is once again behaving like a macro-sensitive asset, reacting to interest rate expectations, dollar strength, and geopolitical developments rather than purely crypto-specific drivers," they say. Bitcoin rises 1.1% to $71,250, having fallen to $68,802 on Thursday, LSEG data show. (jessica.fleetham@wsj.com)
source: https://www.tradingview.com/news/DJN_DN20260320001460:0/
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