Bitcoin Currently $65,000 Now
- The price of bitcoin is currently $65,000, according to the United States Federal Reserve. Bitcoin and other cryptocurrencies are also mentioned.
- After the US Federal Reserve opted to keep interest rates unchanged, bitcoin fell below a critical price point, and tensions erupted in the Middle East.
- Bitcoin has dropped below $65,000 as a result of the US Federal Reserve’s decision to maintain interest rates at current levels and concerns of growing hostilities in the Middle East.
Dropped to $64,549, according to Coin Market Cap data, the lowest it has been since July 25.
- It rose momentarily to $65,075 before tumbling once more, but it hasn’t surpassed the crucial level since.
- At $64,470, it is trading right now.
- The markets had anticipate d that the FOMC would not change rates until September before the announcement.
- The relative strength index (RSI) for Bitcoin, which is used to identify overbought and oversold levels on any asset, is “now oversold,” a possible purchase signal, according to anonymous cryptocurrency analyst Seth.
- In a July 31 X post, Seth said, “The FOMC is used to liquidate Degen Retails that don’t know how to trade and use way too high leverage.”
Speculators were hoping for a rate decrease in September.
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