Bitcoin is now at $80,100, down from $81,700 this morning
It dipped below $80K, then bounced back
Why?
The Fed held interest rates at 3.75%-4%, but its tone was hawkish
U.S. inflation came in higher than expected
Tech stocks fell and dragged crypto down
The good news:
Bitcoin ETFs saw $137 million in inflows today
That’s three days in a row of inflows! Institutions are buying while people are scared
I see support at $79,600. If it holds above that, we’ll be back at $81K
Are you buying or waiting tonight?
$BTC
$PEPE
$ETH
It dipped below $80K, then bounced back
Why?
The Fed held interest rates at 3.75%-4%, but its tone was hawkish
U.S. inflation came in higher than expected
Tech stocks fell and dragged crypto down
The good news:
Bitcoin ETFs saw $137 million in inflows today
That’s three days in a row of inflows! Institutions are buying while people are scared
I see support at $79,600. If it holds above that, we’ll be back at $81K
Are you buying or waiting tonight?
$BTC
$PEPE
$ETH