Analysis: Cryptocurrency trading volume has fallen in the past 48 hours, and the Fed's low interest rate tailwind may have become a headwind
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Odaily Odaily News: As much of the world celebrated Christmas, Bitcoin (BTC) fell below $93,000 on the eve of the holiday, and then quietly returned to the $100,000 level. However, when the Asian market opened on Thursday morning, the rise stalled at just above $99,800, and only a few hours later it quickly fell to about $95,000. Data shows that the price movement of cryptocurrencies in the past 48 hours has certainly been carried out under very low trading volume, and Bitcoin has still more than doubled so far this year, but the decline in the past week may have overlooked the point that the tailwind of low interest rates may have become a headwind. (Coindes)
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