Bitcoin Trades Around $57K, Crypto Market Drops 6% in Run-Up to Fed...

Bitcoin Trades Around $57K, Crypto Market Drops 6% in Run-Up to Fed Decision

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Source: Coindesk.com

Bitcoin fell in line with the wider crypto market, with ether and other altcoins also declining. Financial markets have been dogged by risk-off sentiment in the run-up to the Fed's interest-rate decision and press conference later today. 10x Research said it's eyeing a price target of $52,000-$55,000 as it predicts further selling pressure.

Read More https://www.coindesk.com/markets/2024/05/01/bitcoin-sinks-below-58k-crypto-market-drops-9-in-run-up-to-fed-decision/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Bitcoin Trades Around $57K, Crypto Market Drops 6% in Run-Up to Fed Decision" appeared first here Coindesk.com.

Source: Coindesk.com

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