✉news BusinessCrypto first seen 22 h ago, last 22 h ago, peak #33
Markets stall ahead of Fed as Bitcoin sinks to $79K
Original: Markets stall ahead of the Fed as Bitcoin drops to $79K, Gold softens and FX majors hold their breath
Global markets are treading water ahead of the Federal Reserve's latest decision, with Bitcoin falling to around $79,000 and gold softening as traders hold back from major positions. Major currency pairs are similarly subdued, with investors waiting to see the Fed's guidance on interest rates before committing. The drop in Bitcoin has drawn particular attention given its recent volatility and sensitivity to rate expectations.
Why now: Traders are waiting on a Federal Reserve decision that could move crypto, gold and currency markets.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/3712329