Reported about 17 hours ago
Bitcoin's price fell below $100,000, hitting nearly $92,000 before a slight recovery, following news that the Federal Reserve will not include bitcoin in its reserves. Fed Chair Jerome Powell confirmed the restriction, leading to a 7% dip in bitcoin prices. The overall crypto market cap decreased by 1.2%, with Ethereum and Solana also experiencing significant drops. Analysts predict mixed market behavior as the holiday season approaches, influenced by investor sentiment and macroeconomic conditions.
Source: YAHOO