
Bitcoin Price Prediction: Dips Below $61,000 Amid Regulatory Scrutiny and Fed's Hawkish Stance
As Bitcoin price predictions become increasingly cautious, the cryptocurrency continues to face substantial headwinds. Recently trading around $61,540, Bitcoin dipped to an intra-day low of $60,910, influenced by escalating regulatory scrutiny in the U.S. and a hawkish Federal Reserve stance on interest rates. Despite these challenges, strategic initiatives such as Hong Kong’s $1 billion crypto...