Bitcoin Nears $80,000 After Fed Holds Rates, Signals Tightening
Bitcoin traded near $80,000 after the US Federal Reserve kept interest rates steady at 3.75%-4%. The Fed's indication of possible further tightening affected market sentiment. Bitcoin and Ethereum prices fell 1.51% and 1.99% respectively over 24 hours. Analysts noted resistance around $81,500-$82,000 due to weak technical indicators and low institutional demand.
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