Bitcoin’s Post-FOMC Rollercoaster Continues as NEAR Dumps 8%: Market Watch

Although the US Federal Reserve’s decision to keep rates steady was in line with expectations, BTC’s price still experienced some major fluctuations, with the latest being a drop below $80,000. The altcoins have dived in the Red Sea today, with almost all posting notable losses, led by BCH and NEAR. BTW, though, has defied the overall trend again. BTC Slides to $80K After last Wednesday’s rejection at $85,000, bitcoin went into a major correction on the lower timeframe, dumping to $83,000 within hours and to $81,000 by Thursday. The bearish sentiment prevailed in the following days again and culminated on Saturday with a price drop to $79,100 – BTC’s lowest level in five weeks.

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