#BitcoinSlipsBelow$80KAgain
Bitcoin falls to $80,000 as Strategy pauses purchases and Fed caution weighs on prices.
Bitcoin edged lower, extending recent losses and falling below its recent trading range after Strategy, one of the largest corporate holders, paused its purchases of the cryptocurrency.
Caution ahead of this week’s Federal Reserve meeting also kept investors broadly wary of speculative assets such as cryptocurrencies. Prices across the sector also fell sharply on Tuesday.
Cryptocurrency markets received little benefit from falling oil prices, while the overnight rally in stock markets, driven by the technology sector, offered little support to cryptocurrencies.
$BTC
$TSLAB
$NVDAB
Bitcoin falls to $80,000 as Strategy pauses purchases and Fed caution weighs on prices.
Bitcoin edged lower, extending recent losses and falling below its recent trading range after Strategy, one of the largest corporate holders, paused its purchases of the cryptocurrency.
Caution ahead of this week’s Federal Reserve meeting also kept investors broadly wary of speculative assets such as cryptocurrencies. Prices across the sector also fell sharply on Tuesday.
Cryptocurrency markets received little benefit from falling oil prices, while the overnight rally in stock markets, driven by the technology sector, offered little support to cryptocurrencies.
$BTC
$TSLAB
$NVDAB
