Bitcoin Miners Done Selling? 5 Things to Know for BTC Price This Week

Bitcoin Miners Done Selling? 5 Things to Know for BTC Price This Week

Gate Trade News Monday, June 29, 2020 22 0

A mixed bag of metrics and influences is testing Bitcoin’s resolve this week, with trajectory undecided as $9,000 wavers.

 

Bitcoin (BTC) begins a new week in uncertain times after regaining $9,000, but where is BTC/USD headed in the coming days? 

 

Cointelegraph Markets highlights five factors driving Bitcoin price action for the week ahead.

 

Following a major slide on Friday, stocks futures were gaining early on Monday, despite ongoing pressure from Covid-19 concerns. 

 

Dow Jones, S&P 500 and Nasdaq futures all rose modestly, cementing a quiet weekend that saw Bitcoin outperform in terms of volatility.