Investing.com– Bitcoin’s price rose slightly on Thursday, but gains remained limited as cryptocurrency markets were pressured by a rebound in the dollar before more cues from the Federal Reserve in the coming days.
Broader risk sentiment also deteriorated as Wall Street indexes retreated from record highs, although Asian markets were much more upbeat following stimulus measures in China.
climbed 0.9% to $64,434.0 by 09:38 ET (13:38 GMT).
Investors still eyeing key $65k breakout level
The world’s largest cryptocurrency continues to trade below levels that traders expect to spark strong near-term gains.
A report from Coindesk said $65,000 was being pegged as a major resistance level, given that Bitcoin had not traded above the level since early-August.
The token has struggled to make any sort of price headway since hitting a record high in March, and has traded in a…
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