Bitcoin Slips to $65K Amid Stronger Dollar, But Analyst Says t | Trade Crypto Now
Bitcoin Slips to $65K Amid Stronger Dollar, But Analyst Says the 'Pullback Is Over'
Bitcoin (BTC) slid lower Thursday amid a stronger U.S. dollar, giving up some of the advances from Wednesday's spectacular bounce spurred by a dovish tone from the Federal Reserve. BTC dropped some 5% to as low as $64,600 by late afternoon UTC hours from above $68,000 at the start of the day. The broad-market CoinDesk 20 Index (CD20) declined 3.5% from its daily high, as altcoins generally outperformed bitcoin during the day.
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