Bitcoin slips below $84,000 ahead of FOMC minutes
Photo: CoinJournal
Key takeaways Bitcoin briefly fell below $84,000 during Wednesday’s Asian session. Rising oil prices added inflation concerns ahead of the FOMC minutes, keeping interest-rate expectations in focus. BTC’s immediate support lies around 80,000– 82,000, while a sustained break above $87,000 could put $100,000 in focus. Bitcoin weakened Wednesday as investors awaited the Federal Reserve’s meeting minutes and assessed renewed inflation risks from rising oil prices. Bitcoin slipped below $84,000 during Asian trading despite a return to inflows into U.S. spot Bitcoin exchange-traded funds. The moves highlight uncertainty over monetary policy.
Source: CoinJournal
