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BTC dominance due 'collapse' at 71%: 5 things to know in Bitcoin this week

BTC dominance due 'collapse' at 71%: 5 things to know in Bitcoin this week
© Copyright Image: CurrencyCrypt

Bitcoin braces for the Fed interest rate decision with BTC price support in focus along with the final innings of Bitcoins relentless dominance surge.

Bitcoin (BTC) starts the first full week of May with yearly open support in focus ahead of a key US economic policy decision.

BTC price action attempts to hold the yearly open as support after some downside at the weekly close, but bullish perspectives remain intact.

The US Federal Reserve interest rate decision is the key macro event of the week, with Chair Jerome Powell tipped to move markets.

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The post BTC dominance due 'collapse' at 71%: 5 things to know in Bitcoin this week first appeared on CurrencyCrypt.

Read more: https://currencycrypt.net/btc-dominance-due-collapse-at-71-5-things-to-know-in-bitcoin-this-week/

Text source: CurrencyCrypt

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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