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Bitcoin (BTCUSD) Tumbles Nearly 6% as Fed Holds Rates and Dollar Weakness Spurs Risk Aversion

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

News Summary

  • Bitcoin plunged nearly 6% amid broad risk-off sentiment, as the dollar weakened against major currencies and geopolitical concerns weighed, while Fed signals prolonged rate stability and uncertainty clouded the near-term outlook for US monetary policy.
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Stored market data

BTCUSD price history

75462.39 +14.79% over the displayed period

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