negative
Bitcoin Dips as Traders Eye Macro Uncertainty
Crypto markets traded lower on Friday, with Bitcoin slipping 3.4% to ₹95.9 lakh and Ethereum down 4.5%. Broader sentiment weakened after renewed caution from global equity investors. Analysts linked the decline to profit-taking ahead of upcoming U.S. employment data and rising dollar strength. Despite volatility, Bitcoin’s market dominance increased to 59.3%, highlighting capital rotation from altcoins. Indian exchanges reported subdued retail activity. Traders expect short-term pressure to persist until macro clarity improves and institutional flows resume into high-cap digital assets later in November.
CoinDesk• By Sneha Pathak
Explore:High Return Equity Mutual Fund
negative
Bitcoin Dips as Traders Eye Macro Uncertainty
Crypto markets traded lower on Friday, with Bitcoin slipping 3.4% to ₹95.9 lakh and Ethereum down 4.5%. Broader sentiment weakened after renewed caution from global equity investors. Analysts linked the decline to profit-taking ahead of upcoming U.S. employment data and rising dollar strength. Despite volatility, Bitcoin’s market dominance increased to 59.3%, highlighting capital rotation from altcoins. Indian exchanges reported subdued retail activity. Traders expect short-term pressure to persist until macro clarity improves and institutional flows resume into high-cap digital assets later in November.
CoinDesk• By Sneha Pathak
Explore:Mutual Fund Categories
1 min read
83 words
Bitcoin fell 3.4% to ₹95.9 lakh as macro uncertainty and profit-taking pressured crypto markets, though Bitcoin’s dominance rose to 59.3%.
Crypto markets traded lower on Friday, with Bitcoin slipping 3.4% to ₹95.9 lakh and Ethereum down 4.5%. Broader sentiment weakened after renewed caution from global equity investors. Analysts linked the decline to profit-taking ahead of upcoming U.S. employment data and rising dollar strength. Despite volatility, Bitcoin’s market dominance increased to 59.3%, highlighting capital rotation from altcoins. Indian exchanges reported subdued retail activity. Traders expect short-term pressure to persist until macro clarity improves and institutional flows resume into high-cap digital assets later in November.
Crypto markets traded lower on Friday, with Bitcoin slipping 3.4% to ₹95.9 lakh and Ethereum down 4.5%. Broader sentiment weakened after renewed caution from global equity investors. Analysts linked the decline to profit-taking ahead of upcoming U.S. employment data and rising dollar strength. Despite volatility, Bitcoin’s market dominance increased to 59.3%, highlighting capital rotation from altcoins. Indian exchanges reported subdued retail activity. Traders expect short-term pressure to persist until macro clarity improves and institutional flows resume into high-cap digital assets later in November.
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Bitcoin
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crypto
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