CryptoCointelegraphabout 2 hours ago
Bitcoin Risks $80K Loss Before FOMC
5 min read
Bitcoin risks losing $80,000 support as it ends October down 4%, bucking the historical 'Uptober' trend. Markets anticipate the Fed holding rates in the 3.75-4% range on Wednesday, while US tech earnings and inflation data loom. Nearly $150 million in long positions were liquidated as price dropped to $79,145.
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