Bitcoin holds $76,000 after Fed rate hike, but 4 demand signals flash warning
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 4.734% in the same window, while Bitcoin held its ground. Warsh's […] The post Bitcoin holds $76,000 after Fed rate hike, but 4 demand signals flash warning appeared first on CryptoSlate.
Key Takeaways
- 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 4.734% in the same window, while Bitcoin held its ground.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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