Bitcoin (BTC) paused slightly above $66,000 after encountering hurdle above $67,000 mark
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In the context of BTC price action, BTC paused near $66,000 after encountering a hurdle near $67,220 following days of continuous rising. At the time of writing, BTC was down 0.12% in the last 24 hours to $66,120. Looking ahead, a solid break of the $67,512 level, which coincides with the daily MA 50, might be necessary for theSaylor's statement comes at a time when the markets are looking for guidance. Fed Chair Jerome Powell noted last week that the U.S. economy has yet to see inflation return to the central bank's target, implying that interest rate reductions are unlikely anytime soon.
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