Bitcoin falls under $80,000 after Fed holds rates steady

Community Trust Score Verified 83 % Real Verified 35 votes Updated 44 seconds ago Bitcoin slipped below $80,000 in early October 29 trading as markets digested the Federal Reserve’s decision to leave interest rates unchanged. The move followed the central bank’s announcement, which included hawkish dissent from two members who voted in favor of raising rates. Market coverage linked the cryptocurrency’s decline to simultaneous weakness in technology shares and broader concerns regarding risk appetite. The $80,000 level represents a reported session price rather than a live quotation.

Also reported by TheCoinrise, NewsBTC.

Source: The Currency Analytics