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Live News CRYPTO ARTICLE M impact

Bitcoin Slides as Investor Demand Lags Fed Rate Hike Odds

Bitcoin declined 0.7% to $85,208, as low investor demand offset positive momentum from reduced expectations of an interest rate hike by the Federal Reserve.

BTC

7% to $85,208, with weak investor demand for the cryptocurrency offsetting any positive momentum from reduced odds of an interest-rate hike at the Federal Reserve’s next meeting at the end of the month, analysts at Bitget Wallet said in a note. "A convincing move hig…"