Investing.com– Bitcoin dipped on Thursday, snapping two days of gains, as investors responded to a TradingView glitch and stayed cautious amid macroeconomic pressures following the U.S. Federal Reserve’s hawkish stance.
fell 2.6% weaker to $95,729.5 by 5:00 p.m. ET (22:00 GMT).
It fell below the key $100,000 mark last week after the Fed officials signaled a slower pace for future cuts.
Bitcoin down as TradingView error sparks volatility
Bitcoin pulled back on Thursday as markets seemingly responded to inaccurate chart data from TradingView.
The cryptocurrency dipped toward $95,000 after social media users flagged an anomaly on TradingView’s Bitcoin dominance chart, which incorrectly showed Bitcoin’s share of the total crypto market cap dropping to 0%.
Although the error has been corrected, it reportedly triggered sudden trading reactions that pushed lower.
According…
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