Bitcoin Drops To Monthly Low As Year-End Approaches, More Impulsive Decline?

Bitcoin moved closer to the $17,000 level on Tuesday. The digital currency dropped to $16,400, its lowest level in the last three weeks. As year-end approaches, BTC could face high volatility and low liquidity. Bitcoin Hit A Brief Surge Bitcoin surged to a short-lived peak of $16,837 in today’s session, barely 24 hours after hitting $16,398. The cryptocurrency saw an impulsive decline after experiencing significant rejection at the resistance level. The sharp fall has been associated with a straight daily decline for the S&P 500 and general nervousness about the Federal Reserve’s potential to hike interest rates. BTC could witness