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Bitcoin (BTC) Drop After U.S.–China Deal Part of Bullish FOMC Linked Fractal? Analysts Think So

Avatar photo Sonny S. Watts 1 day ago

Bitcoin fell sharply on Oct. 30, slipping from around $116,000 toward the $108,000–$110,000 range as traders reacted to fresh global developments. However, buyers moved in a day later, propping BTC price back above $109,000, with bulls now targeting the $110,000. The drop followed the announcement of a new U.S.–China trade agreement that eased tariffs and […]

The post Bitcoin (BTC) Drop After U.S.–China Deal Part of Bullish FOMC Linked Fractal? Analysts Think So appeared first on CoinChapter.

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Sonny S. Watts is a Bitcoin miner and energy researcher, Sonny delves into the sustainability of Bitcoin mining, its energy consumption, and innovations in renewable-powered mining solutions.