Bitcoin Slips Below $80,000 After Fed Holds Rates and Tech Shares Weaken
· price · Sentiment: bearish
Bitcoin slipped below $80,000 after the Federal Reserve held interest rates steady and signaled fewer rate cuts in 2025 than previously expected, coinciding with a sell-off in major technology stocks. Multiple reports confirm the move reflects risk-off sentiment across crypto and equities markets as higher-for-longer rates weighed on growth-sensitive assets. The key implication is renewed pressure on Bitcoin’s near-term price momentum, highlighting its continued correlation with Nasdaq performance and sensitivity to U.S. monetary policy decisions.