Bitcoin

Bitcoin (BTC) had a rough day on Wednesday, dropping by 1.6% to $28,730. It fell even more today, going as low as $28,340 in Asia trading. It managed to go up a bit afterward, getting closer to $28,600.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/feaf994fe38f4268a5158d4667ee0fc4.gif" />Ad. Participate in Trigoz Airdrop &amp; Get $50 worth of OZ Tokens Free <a href="https://docs.google.com/forms/d/e/1FAIpQLSciKgFf70x1zJQZ2nukipsu8lX_21zHvrPbxPTMdmTmEC-CJg/viewform" rel="noopener noreferrer nofollow">Join Now</a>Surprisingly, this fall happened even though there were good things happening for bitcoin investing. Europe got its first spot bitcoin EFT on Euronext Amsterdam, and Coinbase <a href="https://cryptosheadlines.com/world-economic-forum-provides-guidance-on-global-crypto-regulations/" rel="noopener noreferrer nofollow">Global Inc got permission to offer regulated crypto</a> futures to regular traders. Coinbase said this was a big step for them.But just like bitcoin, the shares of Coinbase didn’t change much after this news. They closed 0.2% lower and went down 1.5% after trading hours.<blockquote>Things got worse for the market when the Federal Open Market Committee (FOMC) released meeting notes. These notes made people worried about the economy, and this affected both regular stocks and cryptocurrencies.</blockquote>The notes said that <a href="https://cryptosheadlines.com/eurozone-consumer-inflation-expectations-significantly-higher-reports-ecb/" rel="noopener noreferrer nofollow">inflation is still higher</a> than what the committee wants, and the job market is still tight. This means they might raise <a href="https://cryptosheadlines.com/fomc-meeting-us-fed-raises-interest-rate-by-25-bps-and-bitcoin-price-surges/" rel="noopener noreferrer nofollow">interest rates</a> again. This <a href="https://cryptosheadlines.com/binance-us-brings-exciting-news-for-bitcoin-and-altcoin-investors/" rel="noopener noreferrer nofollow">news wasn’t good for bitcoin</a>, and its price fell sharply. <a href="https://cryptosheadlines.com/bitcoin-dips-due-to-cautious-fomc-minutes/" rel="noopener noreferrer nofollow">Read More...</a>

Bitcoin Dips Due to Cautious FOMC Minutes

CryptosHeadlines.com

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