Bitcoin is Experiencing Selling Pressure as Prices Decline

Bitcoin, the top cryptocurrency, has dropped to its lowest point in a month, with the 50-day moving average suggesting a possible decrease in value. Additionally, the news that the US is likely to maintain interest rates at a higher level than anticipated is contributing to the sell-off of BTC. The recent dip in Bitcoin’s price is also evident in ETFs, which saw a significant outflow of $620 million. Stay updated on the latest technology news by visiting NEWSLINKER.