Cointelegraph· Cointelegraph by William Suberg·· 3d ago
Bitcoin slides below 50-day moving average as FOMC decision looms
Original source: CointelegraphRead original
AI brief
Bitcoin fell 0.3% on Wednesday, sliding below its 50-day simple moving average at $81,831 as markets awaited the US Federal Reserve's interest-rate decision. The price reversal capped gains near $81,687, with $3.4 million in bid liquidity remaining at $80,000 according to Glassnode. Traders are focused on Fed Chair Kevin Warsh's comments and the outcome of the upcoming US midterm elections.
Source: Cointelegraph · cointelegraph.com