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

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.
- First Mover Asia: Bitcoin Slips Back to $26.3K in Weekend Trading as Investors Weigh Potential Interest Rate Decisions CoinDesk
- United States Bitcoin Supply Plunges Over 10%, Asian Markets Win Big: Glassnode Data ZyCrypto
- Proactive Crypto Report: Bitcoin Holds at $25K Amid Market Challenges Proactive Investors
- Bitcoin remains above US$25,000; NFT sales down; Asian, European markets gain with U.S. futures mixed Yahoo Finance
- View Full Coverage on Google News
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