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Can Bitcoin Price Hold Above $80,000 This Week?

BeInCrypto
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Can Bitcoin Price Hold Above $80,000 This Week?

Bitcoin has recovered to around $82,500 after briefly falling below $80,000 last week. But the rebound faces a major test on Wednesday, when fresh US oil inventory data could revive the inflation fears that triggered the selloff. Macro Conditions Heavily Impact the Market Bitcoin fell to $79,770 on Thursday as investors reacted to another troubling The post Can Bitcoin Price Hold Above $80,000 This Week? appeared first on BeInCrypto.

Key Takeaways

  1. Bitcoin has recovered to around $82,500 after briefly falling below $80,000 last week.
  2. But the rebound faces a major test on Wednesday, when fresh US oil inventory data could revive the inflation fears that triggered the selloff.
  3. Macro Conditions Heavily Impact the Market Bitcoin fell to $79,770 on Thursday as investors reacted to another troubling The post Can Bitcoin Price Hold Above $80,000 This Week?
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.