More Monday Carnage? US Futures Plummet, Bitcoin Price Below $6KAfter failing to gain above the $6,400 resistance on March 22, (BTC) bulls spent the remainder of the day struggling to bring the digital asset back above $6,000. At the time of writing Bitcoin trades slightly below $6,000 and many traders anticipate further downside as the Coronavirus pandemic continues to worsen in the United States and Europe.
As mentioned by previous analysis last week, crypto traders, along with those in the traditional markets are keeping a close on how markets and investors respond to the assorted stimulus packages being prepared by governments around the world.
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