‍Bitcoin Dips Amid Profit-Taking, Macro Factors Expected to Fuel Next Leg Up

Bitcoin experienced a brief retreat, with over $300 million in liquidations following recent all-time highs. This dip is largely attributed to profit-taking rather than a shift in sentiment.

Key macroeconomic events, including anticipation of a U.S. federal interest rate cut in September and Fed Chairman Powell's upcoming speech, are expected to reignite the bull run. Analysts note a "bid-skewed" orderbook, indicating continued investor appetite for buying dips.

https://cryptovka.ru/en/news/3843/bitcoin-s-brief-retreat-macro-factors-set-to-reignite-the-bull-run