✉news BusinessCrypto first seen 10 h ago, last 9 h ago, peak #11
Bitcoin falls below $81,000 amid Fed rate uncertainty
Original: Bitcoin is back below $81,000 as Fed rate uncertainty weighs. Kospi plunges 8%
Bitcoin has dropped back below $81,000 as uncertainty over the Federal Reserve's interest rate path weighs on risk assets. The sell-off is not limited to crypto: South Korea's Kospi index plunged 8% in the same session, pointing to a broad retreat from riskier investments. Traders are watching upcoming Fed signals closely, with markets sensitive to any hints about the pace of future rate cuts.
Why now: Renewed Fed rate uncertainty is triggering a broad sell-off across risk assets, including crypto and Asian equities.
BitcoinFederal ReserveKospiSouth Korea
Rank over time, top of the chart is #1. 2 snapshots from 10 h ago to 9 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2318822