Bitcoin Dips Below $80,000 as Samsung-Led Tech Jitters and a Hawkish Fed Weigh on Crypto
10 Articles
10 Articles
Bitcoin ceded the $80,000 this Thursday in Asia. Issue: Samsung results under consensus and a Fed that keeps its rates between 3.75% and 4% without excluding a further increase. The Bitcoin article under $80,000: the disappointment Samsung and a restrictive Fed make the crypt fold appeared first on Coin Academy
Bitcoin has recovered slightly after a reset below $80,000. But the Fed, weak tech shares and high liquidations create uncertainty in the crypto market. What's next? Source: BTC-ECHO BTC-ECHO
Bitcoin has recovered slightly after a reset below $80,000. But the Fed, weak tech shares and high liquidations create uncertainty in the crypto market. What's next? Source: BTC-ECHO BTC-ECHO
Bitcoin was unable to maintain the levels above $81,000 it saw after the meeting in which the US Central Bank (Fed) held interest rates steady. The price fell below $80,000, then returned around that threshold. The fact that the two members asked for an increase revealed a difference of opinion on the fight against inflation. The possibility of a new interest rate hike in the market in December remains on the agenda.
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