
Bitcoin holds near $80,000 as oil retreats and the Fed decision looms
Summary
Bitcoin remained steady close to $80,400 ahead of the upcoming central bank rate decision. Meanwhile, the broader cryptocurrency market showed mixed movement, with the DeFi index standing out as the only sector to record gains.
Bitcoin was little changed near $80,400 since midnight UTC while the DeFi index was the only CoinDesk index to gain, with the Fed due to decide on Wednesday.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.