PBOC Liquidity Injection Tops $50 Billion as Bitcoin Struggles Near $63K
3 Articles
3 Articles
Shiba Inu, Near Protocol and Hyperliquid struggle at key res
🚨 Shiba Inu, Near Protocol and Hyperliquid test key resistance as Bitcoin drops below $63,000. 📈 $SHIB recovers slightly but struggles to break through major barriers. ⚡ Bitcoin consolidates near $62,600 as sellers remain dominant in the short term. 🧩 Near Protocol fac...
PBOC Liquidity Injection Tops $50 Billion as Bitcoin Struggles Near $63K
Chinas central bank injected fresh liquidity into the financial system on Friday, but the move failed to provide an immediate boost to Bitcoin. The Peoples Bank of China (PBOC) used overnight reverse repos for the first time in the middle of a month, injecting roughly 350 billion yuan. The facility allows the central bank to lend money to commercial banks for one day, with repayment due the following morning. More liquidity is already scheduled.…
Bitcoin Dips Below $63K On Binance As Market Faces Renewed Selling Pressure
BitcoinWorld Bitcoin Dips Below $63K on Binance as Market Faces Renewed Selling Pressure Bitcoin’s price briefly slipped below the $63,000 mark on Binance, one of the world’s largest cryptocurrency exchanges, as selling pressure intensified across the digital asset market. The move highlights the ongoing volatility that has characterized trading in recent weeks, with investors closely monitoring key support levels and broader macroeconomic sign…
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