News Formal

Fed-Induced Volatility Pushed Bitcoin to New 3-Month Lows at $18K (Market Watch)

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Over $300 million worth of liquidations in the past 24 hours are the result of the enhanced volatility.

The price of bitcoin was rejected at $20,000 and slumped to $18,000 following the latest interest rate hike by the US Federal Reserve.

The altcoins experienced similar volatility, but most are actually trading in the green now. Once again, Ripple stands out as an impressive gainer.The past several days were quite painful for the bitcoin bulls, and the culmination came on September 19, when the asset plummeted to a three-month low of $18,300.to $19,000, where it spent most of the next few days. More volatility was expected yesterday as the US Fed was about to announce the latest increase in interest rates.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Having a Federal Fund Rate of 4-5% is perfectly normal and historic. Stop the panic folks.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 568. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Icebreaker Finance, Maple launch $300 million lending fund for bitcoin minersIcebreaker Finance has launched the lending pool with $300 million available initially.
Källa: TheBlock__ - 🏆 464. / 53 Läs mer »