Bitcoin slides toward $70,000 as on-chain data flags bear market and traders bet Fed holds in April: Asia Morning Briefing

Bitcoin is approaching the $70,000 mark as recent on-chain data suggests a potential bear market. Traders are speculating that the Federal Reserve will maintain its current interest rates in April, influencing market sentiment. This combination of bearish indicators and macroeconomic expectations is impacting trading strategies. Analysts are closely monitoring these developments as they could shape the cryptocurrency market's trajectory in the coming weeks.

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