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One platform for global traditional assets
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Due to investors remaining cautious ahead of a key week when US economic data and Federal Reserve interest rate decisions are set to be announced, Bitcoin trading prices have fallen by about 3%, to around $77,000.
High oil prices, exceeding $100 per barrel, make inflation prospects more complicated, reduce the likelihood of the Federal Reserve cutting interest rates in the short term, and keep Bitcoin prices below the key technical resistance level near $80,700.
OpenAI failed to meet revenue targets, indicating that demand for artificial intelligence may be declining, which could ultimately limit Bitcoin mining sales and further exacerbate the uncertainty of the already volatile macroeconomic situation.