Bitcoin (BTC) starts a new week still in holiday mode with United States financial markets off for Independence Day.
The largest cryptocurrency, stuck below the increasingly daunting $20,000 mark, continues to feel the pressure from the macro environment as talk of lower levels remains omnipresent.
BTC/USD 1-week candle chart (Bitstamp). Source: TradingViewU.S. dollar index (DXY) 1-hour candle chart. Source: TradingViewBitcoin network fundamentals overview (screenshot). Source: BTC.comBitcoin miner production cost chart. Source: Charles Edwards/ Twitter (NYSE:TWTR)Bitcoin UTXOs in loss chart (7-day moving average). Source: GlassnodeBitcoin % UTXOs in profit chart (7-day moving average). Source: GlassnodeBitcoin median transaction fee chart. Source: Glassnode
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