Bitcoin Slides Amid Fed Pause and Binance Security Breach

Community Trust Score Verified 92 % Real Verified 25 votes Updated 7 minutes ago Bitcoin fell following the Federal Reserve’s decision to pause interest rate changes, a market move that coincided with a security breach at the Binance exchange. The decline occurred in a specific timeframe: eighteen and a half hours after the Federal Reserve requested additional information before altering its monetary policy stance. The Federal Reserve had asked for more information before changing interest rates. Eighteen and a half hours later, economic data was released that provided that information. The data indicated that economic growth was strong.

Also reported by Cointribune.

Source: The Currency Analytics