Bitcoin Falls Under $67,000 Amid FOMC Rate Cut Speculation

The post Bitcoin Falls Under $67,000 Amid FOMC Rate Cut Speculation appeared first on Coinpedia Fintech News

Bitcoin is trading at $66,886 after an intraday fall of 3.68%, down from its all-time high of $73,750. The market cap stands at $1.32 trillion with a 24-hour volume of $30.64 billion. This decline is linked to the upcoming FOMC meeting on June 12th, where potential rate cuts will be discussed.

However, the likelihood of rate cuts is limited due to recent employment data showing a significant increase in job numbers.

Latest posts

Will Bitcoin (BTC) Crash Again? Key Data Predicts What’s Next

The post Will Bitcoin (BTC) Crash Again? Key Data Predicts What’s Next appeared first on Coinpedia...

XRP Price Prediction: Analysts Turn Bullish As ‘Something Big Is Coming’, Here’s What

Crypto analysts Amonyx and Egrag Crypto have provided a bullish outlook for the XRP price with “so...

Bitcoin Whale Transfers See Massive Spike: Sign Of Profit-Taking?

On-chain data shows the Bitcoin whale transactions have spiked following the latest rally, a sign th...

Bitcoin ETFs See $1.6B Inflows This Week – Is BTC Reaching A New ATH Soon?

Bitcoin is holding strong above $67,000 after setting a new local high of around $68,300, fueling ex...

BTC Held On Exchanges Hits Lowest Point In 5 Five Years, Here’s What It Means For Bitcoin Price

The Bitcoin price has already been up by 10% in the past seven days, breaking above the $67,000 mark...

Cardano Bullish Pattern Suggests A Breakout – Can ADA Reach $0.54?

Cardano (ADA) is crucial following days of heightened volatility and excitement among crypto investo...

Bitcoin Falls Under $67,000 Amid FOMC Rate Cut Speculation

Latest posts

Don’t have an account? REGISTER

Login

or

Already have an account? Login

Create your account

or

Don't need to reset? Login

Forgot Password?