U.S. Economic Data Impacting Crypto: Bitcoin Faces Bearish Momentum

Bitcoin drops 5% as U.S. economic data signals fewer Fed rate cuts in 2025. Cell C experiences a cybersecurity breach, while new crypto safety measures emerge globally. MicroStrategy forecasts Bitcoin could reach $13 million by 2045. Thailand tests crypto payments for tourists, and SoSoValue secures $15M funding for its crypto indices platform. Meanwhile, El Salvador pushes forward with crypto derivatives and South Korea lifts its institutional crypto trading ban.

Reference: https://www.linkedin.com/newsletters/chain-train-7126277052151844864/