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Bitcoin (BTC/USD) fell as the Fed’s odds of a rate hike increased
Bitcoin has lost about 0.08% of its value in 24 hours to trade at 27,632. There were no crypto-related events that may have had an impact on the price of the leading cryptocurrency. Therefore, regulatory control and Fed concern are the only factors to consider. The US dollar moved higher but was on course for a second consecutive monthly decline ahead of the unveiling of further economic data that would likely give more insight into the future path of interest rates. The dollar index (DXY), which is now trading at 101.65, has been negatively impacted by worries that the US economy is on the verge of a dramatic ... (full story)
