Officials reported that scammers had used crypto to pay for fake digital asset investment ads on social media platforms, leading to more than $1 million in losses for victims.
The Ethereum price action is showing remarkable similarities to its 2017 market cycle, with analysts pointing to a near-identical technical setup and market behaviour.
With a recent pullback from the $110,000 mark, which Bitcoin retested last Wednesday, the flagship asset has witnessed a persistent decline to the $104,000 support level. BTC’s sharp decline appears to have triggered bearish sentiment across the sector, but the broader market sentiment is still bullish.
The “ancient” Bitcoin cohort is growing faster than the amount of new coins mined, and with institutional flows accelerating, the path to $1 million BTC is starting to take shape.
Bitcoin holds at $104K as the Fed keeps rates at 4.25% to 4.50%, citing tariff-driven inflation as reason to delay cuts.
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