_bitcoin-plunges-to-3657700-amid-risk-off-sentiment-ahead-of-fed-rate-decision.jpg "Bitcoin Plunges to $57,700 Amid Risk-Off Sentiment Ahead of Fed Rate Decision from the bitcoin family Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:36
👁 View: 1.2M times
✓ Published: 02-May-2024
👁 View: 1.2M times
✓ Published: 02-May-2024
Description:
Bitcoin fell to around $57,700 in early trading on Wednesday, as the crypto market dropped around 9%. The declines came amid risk-off sentiment ahead of the Fed's interest rate decision later today. Ether dropped below $3,000 while altcoins like Dogecoin and Solana recorded sizable losses. Bitcoin saw its worst monthly performance in April since November 2022. Analysis from 10x Research estimates further downside pressure toward $52,000 based on outflows from the U.S. spot exchange-traded funds.
Bitcoin fell to around $57,700 in early trading on Wednesday, as the crypto market dropped around 9%. The declines came amid risk-off sentiment ahead of the Fed's interest rate decision later today. Ether dropped below $3,000 while altcoins like Dogecoin and Solana recorded sizable losses. Bitcoin saw its worst monthly performance in April since November 2022. Analysis from 10x Research estimates further downside pressure toward $52,000 based on outflows from the U.S. spot exchange-traded funds.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_crypto-scam-fraudulent-investments.webp "Cryptocurrencies such as bitcoin promise quick profits – an attraction that aids scammers fleecing investors of their funds.")
_bitcoin-52k-this-is-what-i-expect-next.webp "THE BITCOIN FAMILY Didi Taihuttu")
_this-bitcoin-data-is-showing-something-interesting.webp "THE BITCOIN FAMILY Didi Taihuttu")
_bitcoin-plunges-to-3657700-amid-risk-off-sentiment-ahead-of-fed-rate-decision.webp "Bitcoin fell to around $57,700 in early trading on Wednesday, as the crypto market dropped around 9%. The declines came amid risk-off sentiment ahead of the Fed's interest rate decision later today. Ether dropped below $3,000 while altcoins like Dogecoin and Solana recorded sizable losses. Bitcoin saw its worst monthly performance in April since November 2022. Analysis from 10x Research estimates further downside pressure toward $52,000 based on outflows from the U.S. spot exchange-traded funds.")
_bitcoin-is-boring-but-now-you-could-also-do-this.webp "THE BITCOIN FAMILY Didi Taihuttu")
_crypto-washout-sends-bitcoin-below-3658-k-ahead-of-fed-decision.webp "Crypto washout sends Bitcoin below $58-K ahead of FED decision <br/>")
_is-bitcoin-preparing-a-20k-move.webp "THE BITCOIN FAMILY Didi Taihuttu")
_bitcoin-shows-the-next-step-on-this-chart.webp "THE BITCOIN FAMILY Didi Taihuttu")
_crypto-scam-fraudulent-investments.jpg)
_bitcoin-52k-this-is-what-i-expect-next.jpg)
_this-bitcoin-data-is-showing-something-interesting.jpg)
_bitcoin-is-boring-but-now-you-could-also-do-this.jpg)
_crypto-washout-sends-bitcoin-below-3658-k-ahead-of-fed-decision.jpg)
_is-bitcoin-preparing-a-20k-move.jpg)
_bitcoin-shows-the-next-step-on-this-chart.jpg)
![[+]](/images/menu.gif){kind=small}