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Bitcoin Slips Ahead of Fed Decision. Where Prices Could Go Next.
linkweb3
2023-06-14
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Summary：and other cryptocurrencies were declining ahead of the Federal Reserve’s decision on interest rates Wednesday. Digital assets may be particularly vulnerable to comments from the central bank suggesting that more interest-rate increases could lie ahead. The price of has retreated 1.3% over the past 24 hours to about $25,920, slipping below the $26,000 and $27,000 range that has dominated for much of the period since the largest digital asset hit a 10-month high above $30,000 in April.
and other cryptocurrencies were declining ahead of the Federal Reserve’s decision on interest rates Wednesday. Digital assets may be particularly vulnerable to comments from the central bank suggesting that more interest-rate increases could lie ahead. The price of has retreated 1.3% over the past 24 hours to about $25,920, slipping below the $26,000 and $27,000 range that has dominated for much of the period since the largest digital asset hit a 10-month high above $30,000 in April.
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