{"id":538386,"date":"2023-06-18T13:50:46","date_gmt":"2023-06-18T13:50:46","guid":{"rendered":"https:\/\/ktsl888.com\/?p=538386"},"modified":"2024-06-11T08:11:15","modified_gmt":"2024-06-11T08:11:15","slug":"bitcoin-retailers-buying-the-dip-as-btc-soars-above-26000","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-retailers-buying-the-dip-as-btc-soars-above-26000\/","title":{"rendered":"Bitcoin Retailers Buying The Dip As BTC Soars Above $26,000"},"content":{"rendered":"
On-chain data shows that Bitcoin retail buyers have been loading up the recent dip, a move that also coincided with price gains above $26,000, relieving traders and holders. Early this week, BTC prices crashed to as low as $24,820 before recovering to spot rates, adding 8% in four days.<\/p>\n
Retail Investors Are Buying The Dip<\/h2>\n
Following a turbulent week in the crypto space, which involved the United States Securities and Exchange Commission, Binance and \u201ccrypto\u201d securities-related drama, the price of Bitcoin dipped below $25,000 after the Federal Reserve paused their rate hikes and keeping the US fund rate within the 5% and 5.25% zone, increasing the uncertainty within the market.<\/p>\n