Bitcoin vulnerable to macro developments, risks consolidation as volatility dips – Bitfinex

Bitcoin (BTC) has been down roughly 5% over the past 24 hours and remains below the key $100,000 price level — trading at $99,692.42 as of press time. According to the recent “Bitfinex Alpha&...

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Bitcoin vulnerable to macro developments, risks consolidation as volatility dips – Bitfinex

Source: CryptoSlate

Bitcoin (BTC) has been down roughly 5% over the past 24 hours and remains below the key $100,000 price level — trading at $99,692.42 as of press time. According to the recent “Bitfinex Alpha” report, BTC price risks consolidation following this correction as volatility drops. On Jan. 27, fears about declining profitability in artificial intelligence […]