Bitcoin Calms Below $80K as Fed Hike Odds Climb: Bitfinex Alpha
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Bitcoin stabilized below $80,000 as expectations for a Federal Reserve rate hike increased, keeping risk appetite and crypto demand subdued. Bitfinex Alpha indicated that tighter monetary-policy expectations are contributing to near-term price consolidation and limiting Bitcoin’s upside. The key implication is that Bitcoin may remain range-bound or vulnerable to further downside until macroeconomic conditions become more supportive.
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