✉news BusinessCrypto first seen 2 d ago, last 2 d ago, peak #6
Bitcoin Slides as U.S. Rate-Hike Prospects Weigh
Original: Bitcoin Remains Weaker on U.S. Rate-Hike Prospects -- Market Talk
Bitcoin remains under pressure as expectations grow that the U.S. Federal Reserve could raise interest rates. Higher rates tend to dampen appetite for riskier assets such as cryptocurrencies, and traders are watching upcoming economic data and Fed commentary for cues. Commentators note the cryptocurrency has struggled to hold gains amid the uncertain monetary outlook.
Why now: Investors are reacting to the prospect of U.S. interest-rate hikes, which typically pressure risk assets like bitcoin.
Rank over time, top of the chart is #1. 5 snapshots from 2 d ago to 2 d ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2333201