BusinessPhoto: HT WorldBitcoin Drops Below $80,000 Amid Fed Meeting and Market Concerns
Bitcoin fell below $80,000 on Monday as investors grew cautious ahead of a key Federal Reserve meeting. Concerns over heavy AI spending, rising oil prices, and global market uncertainty pressured cryptocurrencies. Bitcoin dropped as much as 1.4% to below $79,300 before recovering slightly, trading around $80,000 in Asia. US-listed Bitcoin ETFs saw $772.4 million in outflows, reversing earlier inflows, reflecting weakened investor confidence.
HT World·




