Why is Bitcoin price down today?

Bitcoin (BTC) price encountered resistance at $38,400 on Nov. 29, subsequently retracting to the crucial $37,500 support level. This movement may have been caused by several interlinked factors, including heightened regulatory scrutiny, Bitcoin miners’ net outflows, concentrated institutional buying activity and macroeconomic indicators. Binance is not an outlier: multiple exchanges are on the hook The … Read more