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Bitcoin (BTCUSD) Plummets 20% on Hawkish Fed Outlook and Regulatory Concerns

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The Story

News Summary

  • Bitcoin plunged nearly 20% in a week to 16-month lows amid hawkish Fed expectations and political scrutiny, wiping out over $1 trillion in market value.
  • Alternative crypto ETFs like Solana and XRP are attracting fresh capital amid Bitcoin’s slump, signaling a shift in investor focus.
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BTCUSD price history

76553.10 +11.31% over the displayed period

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