SQUAWK/NEWS
Account
Theme
Account
Menu
Live News CENTRAL_BANK ARTICLE M impact

Bitcoin falls below $77,000 ahead of Fed rate decision

Bitcoin slipped below $77,000 Tuesday ahead of the Federal Reserve’s rate decision Wednesday, with markets pricing a 92% chance of a quarter-point hike.

BTCUSD

Bitcoin (BTC) slipped below the $77,000 mark on Tuesday ahead of the Federal Reserve’s rate decision on Wednesday, with markets pricing in a 92% chance of a quarter-point hike that would end more than a three-year pause in rate increases. Crypto analysts such as Bitmine Immersion Technologies were cited in the source text, but the excerpt cuts off before providing further substantive detail.