Bitcoin Price Retraces as Interest Rates Continue to Surge, But Bitcoin BSC Nears $6m Presale Hard Cap

Bitcoin’s price continues to fall, with the coin now trading around the $26,250 level.

More importantly, the coin’s price has also dipped below the 200-day EMA, often used as a proxy for long-term direction. This monetary policy could further weigh on Bitcoin’s price, given that it’s a non-interest-bearing asset. One of the key features resonating with investors is Bitcoin BSC’s staking protocol, which allows holders to lock up their BTCBSC tokens andGiven the current economic climate, Bitcoin BSC’s staking protocol is especially appealing, offering a viable alternative for investors seeking a regular yield.

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