Bitcoin slips under $80,000 as traders de-risk ahead of Fed meeting
Summary
Bitcoin recently dropped below the eighty thousand dollar mark. Market participants are reducing their risk exposure ahead of an upcoming Federal Reserve meeting. Meanwhile, other major cryptocurrencies also experienced notable losses during the Asian trading session amid broader financial market adjustments.
Ether and XRP led losses among the majors as the AI trade took another hit in Asia, where Goldman Sachs cut its Kospi target by 25%.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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