๐ก Binance News โ Bitcoin Update
$BITCOIN is closing August with strong momentum, up around 23% month-to-date and heading toward its strongest August since 2017. ๐
But the market now faces key events including Fed signals, Core PCE inflation data and Q2 GDP. Positive macro data could support BTC, while hotter inflation or a hawkish Fed stance may trigger short-term profit-taking.
BTC momentum remains strong โ but volatility could rise. ๐โฟ
#BTC
#CryptoNews #BitcoinNews #Web3 #trading
$BITCOIN is closing August with strong momentum, up around 23% month-to-date and heading toward its strongest August since 2017. ๐
But the market now faces key events including Fed signals, Core PCE inflation data and Q2 GDP. Positive macro data could support BTC, while hotter inflation or a hawkish Fed stance may trigger short-term profit-taking.
BTC momentum remains strong โ but volatility could rise. ๐โฟ
#BTC
#CryptoNews #BitcoinNews #Web3 #trading
