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Bitcoin (BTCUSD) Strongly Dips as Bybit Report Highlights Fed-Driven Crypto Market Selloff

Chainwire Read original source (opens in a new tab)
The Story

News Summary

  • Bybit report highlights a sharp selloff in Bitcoin due to tightening US monetary policy and rising short-term volatility.
  • Bitcoin tumbled below $81,000, with cautious trading and subdued derivatives activity signaling near-term bearish sentiment but limited long-term panic.
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BTCUSD price history

77888.14 +18.22% over the displayed period

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