CoinScoopBitcoin Fails to Sustain Breakout Above Trading Range, Rakuten Wallet Reports
Bitcoin continues to consolidate between $83,000 and $85,000. Although it briefly broke above its trading range, the move proved to be a false breakout. Rising US long-term interest rates are weighing on the market, with investors awaiting upcoming ISM manufacturing data and employment statistics.
Summaries are written by AI from the original article. Not investment advice.