Bitcoin rally faces fresh risks as spot demand weakens
Bitcoin faces a test as weakening spot demand, rising profit-taking risks and renewed macro uncertainty threaten to limit the push toward the $85,000 range, despite trading as a hedge similar to gold.
Bitcoin (BTC) faces a tough test as weakening spot demand, rising profit-taking risks, and renewed macroeconomic uncertainty threaten to limit the cryptocurrency's push toward the $85,000 range. While Bitcoin is being traded as a ‘hedge’ similar to gold, analysts warn the next leg of the rally may…