Bitcoin Reclaims $21K Ahead of FOMC Interest Rate Announcement (Market Watch)

After yesterday’s price dip below $21,000, bitcoin regained some traction and reclaimed that level. Most altcoins have also turned green today, with MATIC and Ethereum Classic standing out as the most impressive performers.Following last week’s multi-month high of over $24,000, the primary cryptocurrency started to head south on news that Tesla had sold most of its BTC holdings in Q2.

Despite reclaiming some ground at first and entering the weekend at almost $23,000, the bears were in control and drove the asset down once again. The first major price drop came on Monday morning when bitcoin slumped to $22,000.below $21,000 to mark a weekly low. BTC reacted well to this drop, at least for now, and currently stands a few hundred dollars above that line.

However, the asset is most likely prone to experience enhanced volatility later today as the Fed is expected to raise interest rates once more, with some

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Crypto market contracts as the Fed's next interest rate decision loomsGlobal crypto market cap sinks below $1 trillion ahead of Fed's interest rate decision.
Herkunft: TheBlock__ - 🏆 464. / 53 Weiterlesen »

Bitcoin Retraces to $21K as Crypto Market Drops Below $1 Trillion (Market Watch)The crypto market is deep in the red once again. Bitcoin dropped back down to $21,000, while ETH struggles at $1,400.
Herkunft: Crypto_Potato - 🏆 568. / 51 Weiterlesen »

In metro Denver, incomes mostly keeping pace with rising rents at market-rate apartmentsHomebuyers in metro Denver are getting stretched by high home prices and rising interest rates, but the situation isn’t as bad for renters in market-rate and professionally managed apartment …
Herkunft: denverpost - 🏆 13. / 72 Weiterlesen »