The January Fed rate decision capped a sharp reversal in easing expectations, likely among the reasons for crypto’s poor price performance.
Federal Reserve holds policy steady as early rate cut bets vanish and bitcoin stalls
The January Fed rate decision capped a sharp reversal in easing expectations, likely among the reasons for crypto's poor price performance.
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This latest acquisition was made at an average purchase price of $103,234 per bitcoin.
On Monday, U.S. spot-listed bitcoin ETF outflows rose to $516 million as bitcoin tumbled toward $90,000.
JUV rose 200%, with tokens like LAZIO and PORTO also experiencing significant price jumps.
Meanwhile, bitcoin selling by long-term investors has tripled since June, as buyers who entered near $93,000 take profits.