Bitcoin holds $82K as analyst sees limited selling pressure despite macro risks
Photo: Crypto Briefing
ARP Digital's Yusuf Fakhro says Bitcoin's relative strength and reduced leverage support its recovery, with the Fed's upcoming decision posing the next test. Bitcoin ’s recent decline has not undermined its broader recovery prospects, as reduced leverage and easing selling pressure suggest the market remains structurally healthy, according to Yusuf Fakhro, partner at ARP Digital. Bitcoin is trading near $82,700 after recovering from a recent drop below $80,500, outperforming Ethereum and the broader altcoin market despite ongoing macroeconomic uncertainty.
Source: Crypto Briefing
