What Drove Bitcoin’s Dip Under $60K

Posted on by American Coins & Gold

What Drove Bitcoin’s Dip Under K
This episode is sponsored by NYDIG.Download this episodeBitcoin has been on a journey over the last 24 hours, from nearly $65,000 all the way down to $58,000 and everywhere in between. On today’s episode, NLW explores what’s driving it, including:Leveraged traders left over from last week’s all-time highTwitter CFO saying no investments in cryptoPresident Biden signing the U.S. infrastructure bill with crypto broker redefinitionInflation questionsFederal Reserve leadership questionsFinally, he points to Marathon’s offering of a half billion dollars in debt to buy more BTC and rigs as a counter-indicator.See also: Bitcoin, Ether Lose Ground as Twitter CFO Rules Out Crypto…