Bitcoin has dipped below US$60K (AU$89.4K) for the fourth time in the past 24 hours, as it faces a monthly loss of 12%. At the time of writing, it had slightly recovered trading at US$60,307 (AU$89,837) as per data from CoinMarketCap. Related: Arthur Hayes Says Zoom Out and Focus on Broader Trends…
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Bitcoin Dips Below $60K as Fed Chair Dampens Rate Cut Hopes
![Bitcoin Dips Below $60K as Fed Chair Dampens Rate Cut Hopes](https://www.unifitrip.com/wp-content/uploads/2024/07/73027-bitcoin-dips-below-60k-as-fed-chair-dampens-rate-cut-hopes-1280x640.jpeg)
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