đ€ Why is Bitcoin price down today?
Bitcoin's "Uptober" high of 27.9% growth is showing signs of a slowdown. On Nov 2, BTC experienced a 2% drop in its intraday trading. Despite the market's initial positive response to the Fed's hold on interest rate hikes, concerns are surfacing over an overheated market indicated by BTC derivatives.
đ§ However, not all is bleak. Some analysts remain undeterred by the dip, proposing that Bitcoin is merely gearing up for a bull run.
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