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Bitcoin Falls to $63,000 Due to Pressure from US Regulators

14 May 2024by CryptoJazz Admin1 min read99 views
Bitcoin Falls to $63,000 Due to Pressure from US Regulators

In the digital asset market, BTC dropped by 1.5%, while SOL and XRP saw gains. Robinhood received a warning from the SEC. Technical analysis predicts a target price of $92,000 for BTC. The crypto rally was halted due to BTC’s drop to $63,300. Despite this, demand for Bitcoin call options is increasing. Rumors about an ETF in Hong Kong helped the market recover. Glover predicts a BTC price of $92,000 but expects a correction to $52,000-$55,000.

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