Bitcoin, Ethereum, Dogecoin Dip as Federal Reserve Hikes Rates by 25 Basis Points
Bitcoin is hovering around $76,000 as the Federal Reserve raised the Federal Funds rate by 25 basis points. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $75,854 Ethereum (CRYPTO: ETH) $2,403 Solana (CRYPTO: SOL) $98.02 XRP (CRYPTO: XRP) $1.28 Dogecoin (CRYPTO: DOGE) $0.08013 Shiba Inu (CRYPTO: SHIB) $0.0 5 4849 Notable Statistics: Coinglass data shows 101,811 traders were liquidated in the past 24 hours for $455.24 million. SoSoValue data shows net outflows of $450.3 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net outflows of $141.5 million. In the past 24 hours, top gainers include Zcash, Bitway and Dash. Notable Developments: Ethereum at $2,400: Is a Deeper Correction Coming? Bitcoin Fed Meeting Preview: Could One Decision Pump BTC? Bitcoin Loses ETF Bid, Slides to $76,000 Ahead of Fed Decision Tom Lee's BMNR Just Hit 4.9% of Ethereum. Now Comes the 5% Test Strategic Bitcoin Reserve Bill Heads to House Committee: What You Need to Know Bitcoin Made a Golden Cross—And Could Drop Below $75,000 Next, Analyst Says Circle CEO Says CLARITY Talks Are '90%' There: What Do Prediction Markets Say? SEC, CFTC Rulemaking Will Be 'Aggressive and Swift' After CLARITY A
Bitcoin is hovering around $76,000 as the Federal Reserve raised the Federal Funds rate by 25 basis points. 24 million. 3 million from spot Bitcoin ETFs on Tuesday. 5 million.
In the past 24 hours, top gainers include Zcash, Bitway and Dash. Notable Developments: Ethereum at $2,400: Is a Deeper Correction Coming? Bitcoin Fed Meeting Preview: Could One Decision Pump BTC? 9% of Ethereum.
Now Comes the 5% Test Strategic Bitcoin Reserve Bill Heads to House Committee: What You Need to Know Bitcoin Made a Golden Cross—And Could Drop Below $75,000 Next, Analyst Says Circle CEO Says CLARITY Talks Are '90%' There: What Do Prediction Markets Say? SEC, CFTC Rulemaking Will Be 'Aggressive and Swift' After CLARITY Act Failure, Bernstein Says CLARITY Act Failure Sparks Senate Blame Game: 'Democrats Were Never Truly Serious,' Lummis Says Trader Notes: Trader Jelle remains confident Bitcoin will eventually push back toward its long-term channel highs. "Preparation season is on," he said.
Bitfinex notes BTC's realized cap has risen $9 billion since August despite the drop from $80,000 to $75,800, signaling a rising aggregate cost basis. Image: Shutterstock Read Also: CLARITY Act Failure Sparks Senate Blame Game: 'Democrats Were Never Truly Serious,' Lummis Says