[뉴욕 = 장도선 특파원] Bitcoin is down more than 10% on a weekly basis and now it is closer to bottom than local highs, according to cryptocurrency analyst Sean Farrell.
According to CoinDesk on the 23rd (local time), Farrell, head of digital asset strategy at Fundstrat, said, “Federal Reserve Chairman Jerome Powell looked a bit dovish at a meeting of central bank governors in Jackson Hole on Friday (25th). , it is likely to help the market recover,” he wrote in the note.
He added, “We should also watch the potential possibility of a Grayscale – Securities and Exchange Commission (SEC) trial ruling coming out later.”
Farrell added that he believes the market is closer to a bottom than a local high, given the lack of a catalyst specific to the cryptocurrency industry and declining liquidity.
Bitcoin showed a weak trend compared to 24 hours ago at $25,983 on CoinMarketCap at 10:10 am on the 23rd, New York time. Bitcoin fell to $25,520.73 the day before, rebounded after taking a low, and has since moved within a narrow range.
Breaking news via Block Media Telegram (click)
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2023-08-23 14:18:00
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