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Bitcoin’s slide below $81,000 exposes why a Fed pause may not save the crypto market

CryptoSlate
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Bitcoin’s slide below $81,000 exposes why a Fed pause may not save the crypto market

Bitcoin slid below $81,000 on Oct. 8, with an intraday low near $80,800, even as traders expect the Fed to hold in October. The September FOMC minutes, released Oct. 7, said most participants viewed another rate increase by year-end as probable and left decisions dependent on data. December remains an expectation inferred from the policy […] The post Bitcoin’s slide below $81,000 exposes why a Fed pause may not save the crypto market appeared first on CryptoSlate.

Key Takeaways

  1. Bitcoin slid below $81,000 on Oct.
  2. 8, with an intraday low near $80,800, even as traders expect the Fed to hold in October.
  3. The September FOMC minutes, released Oct.
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