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Bitcoin Slides Below $75,000 As Rate Fears Return

52m ago
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A gigantic Bitcoin coin has just violently smashed through a metallic platform displaying only 75000. The scene is captured at the exact moment of impact: steel plates, bolts, and debris fly in all directions as Bitcoin begins to slip below the level. In the foreground, several traders recoil with panicked expressions. Above, in front of an imposing building inspired by the Federal Reserve, a central banker stands motionless, his hand resting on a huge lever he has not yet pulled.

In a few hours, bitcoin erased the rebound that had taken it up to 79579 dollars. BTC fell below 75000 dollars, down to 74984 dollars, its lowest level since August 21. This break occurred less than 24 hours before a key decision by the US Federal Reserve, while a 25 basis points rate hike is expected. With the 77000-dollar support now broken and market sentiment sharply declining, investors face the Fed verdict in a profoundly reshaped configuration.

L’article Bitcoin Slides Below $75,000 As Rate Fears Return est apparu en premier sur Cointribune.

52m ago
bullish:

0

bearish:

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