Investing
HBAR, OP, INJ and RUNE flash bull signals as Bitcoin price looks for stability
© Reuters.
Trader sentiment has turned bearish following Bitcoin’s (BTC) 11% slump this week. Although is taking support near $25,000, several analysts are factoring in another leg down toward the crucial $20,000 level.
The weakness is not limited to the cryptocurrency markets alone. United States equities markets also witnessed a losing week. The S&P 500 Index fell 2.1%, and the dropped about 2.6%, with both indexes recording a three-week losing streak. This suggests that traders are in a risk-off mode in the near term.
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