Bitcoin faces difficulty in completing gains during the holiday season - London Business News | Londonlovesbusiness.com
Briefly

Bitcoin's recent decline, attributed to low market liquidity and seasonal trends, reflects broader concerns over U.S. monetary policy and anticipatory investor behavior in the futures market.
The market sentiment remains pessimistic as the probability of a Federal Reserve rate cut shows minimal expectation in January, potentially dampening interest in risk assets like cryptocurrencies.
Investor behavior indicates a mixed outlook within the futures market, characterized by a notable presence of short sellers as prices continue to fluctuate under negative sentiments.
For cryptocurrencies to regain an upward trajectory, the market will require positive economic data and clarity on regulatory frameworks to foster confidence among institutional investors.
Read at London Business News | Londonlovesbusiness.com
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