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Mmastodon BusinessCrypto first seen 3 d ago, last 3 d ago, peak #5

Bitcoin Swings $81,000 to $84,000 as Altcoins Slide

Original: Bitcoin Whipsaws $81,000 to $84,000 as Altcoins Slide and Fed Watch Heats Up Bitcoin swung through a $3,000 range in 24

Bitcoin swung through a $3,000 range in 24 hours, moving between roughly $81,000 and $84,000, while altcoins such as ZEC and HYPE led losses across the market. Traders are weighing Federal Reserve comments and upcoming US inflation data, with uncertainty over rate policy keeping volatility elevated and dragging smaller cryptocurrencies lower.

Why now: Bitcoin's sharp volatility and the Fed-driven uncertainty are capturing traders' attention right now.

BitcoinZECHYPEFederal Reserve

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