Bitcoin holds $76,000 after Fed rate hike, but 4 demand signals flash warning
WorldPing
Bitcoin fell to an intraday low of $75,064.82 on Sept. 16, but recovered and reclaimed the $76,000 zone after Fed Chair Kevin Warsh's press conference wrapped up. The S&P 500 fell roughly 0.7%, the Dow dropped 1.2%, and the 2-year Treasury yield climbed to 4.
This is a short WorldPing brief. The full report was published by CryptoSlate.
Revolut says it received no direct contact despite separate ransom demands for $3 million in Monero and 10,000 Bitcoin from competing breach claimants.
Brief by WorldPing · Original reporting by Cointelegraph
Bitcoin’s drawdown mirrors its position before the Fed’s first hike in March 2022, raising questions over whether a relief rally could precede further losses.
Brief by WorldPing · Original reporting by CoinDesk