Bitcoin starts on a fickle note as assets tread deeper in the red.
On the nervous global backdrop, the much anticipated “Merge” eventually transpired as a sell-the-news type of event. Cryptocurrencies suffered fresh declines in the wee hours of Monday morning.
With the palpable nervousness across global markets ahead of a key rate decision by the Fed due this week, the turbulence in the market is likely to continue. Investors would need to brace themselves to alleviate the damage.According to CryptoQuant’s data, two recent signs of indicators have occurred that suggest a strong fall signal.
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