Bitcoin News: Major Events That Will Impact BTC Price This Week

With Bitcoin price stuck near $22,300 since the massive liquidation on Friday, traders face difficulty deciding their next move amid the U.S. regulatory crackdown on crypto.

BTC price fell 0.27% in the last 24 hours, with the price currently trading at $22,372. The 24-hour low and high are $22,331 and $22,497, respectively.

In fact, the crypto market and the U.S. stock market correlation is also weakening. U.S. futures linked to major stock indices Dow Jones Industrial Average, S&P 500, and Nasdaq Composite are currently green.

The U.S. Dollar Index (DXY) has also fallen below 104.50, but the crypto market hasn’t responded. A further decline in DXY can bring recovery into the crypto market.

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