Bitcoin Holds Above $25K as Markets React to Interest Rate Decisions and Supply Changes

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Source: CoinDesk
Bitcoin Holds Above $25K as Markets React to Interest Rate Decisions and Supply Changes
Photo: CoinDesk
TL;DR Summary

Bitcoin starts the week down 0.5% to $26,366 as investors weigh potential interest rate decisions. Joe DiPasquale, CEO of BitBull Capital, says rate cuts are needed to stop the market from struggling in the future. Meanwhile, Indonesia updates its list of approved digital assets for trading in the country, including tokens that would be considered securities in the US. The move may be motivated by the country's desire to increase tax revenues, as it takes a light touch on the quality of trading to allow quantity.

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