Bitcoin, Ethereum, XRP, Dogecoin Slide 2% as Asian Tech Stocks Tumble Ahead of Fed Rate Decision
Bitcoin dropped below $64,000 due to selloff in Asian tech equities and Fed's uncertainty on interest rates. Analyst noted BTC has lost key support level weakening technical structure in near-term.
Bitcoin and other cryptocurrencies dropped 2% because people are worried about what the Federal Reserve might do with interest rates, and Asian tech stocks are falling too. When cryptocurrencies move with big stock market moves, it shows they're connected to how investors feel about the whole economy.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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