Bitcoin (BTC) $61,644.76 -2.39%
Ethereum (ETH) $1,638.79 -2.38%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 64.500129 -3.54%
Cardano (ADA) $0.16 -5.10%
Chainlink (LINK) $7.78 -1.90%
Litecoin (LTC) $42.56 -0.75%
Dash (DASH) $34.70 -7.42%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.345902 -13.78%
X-Cash (XCASH) 1.0E-6 4.14%
Dogecoin (DOGE) $0.00 -2.88%

Cryptocurrencies: 29078

Markets: 113702

Market Cap: $2,125,762,379,854

24h Vol: $83,120,850,034

Bitcoin.com

2023-01-05 13:30:21

Bitcoin, Ethereum Technical Analysis: BTC Consolidates as FOMC Indicates Further Rate Hikes to Come

Bitcoin, Ethereum Technical Analysis: BTC Consolidates as FOMC Indicates Further Rate Hikes to Come

Bitcoin consolidated marginally below $17,000, as market volatility remained high following the recent Federal Open Market Committee (FOMC) minutes. In December’s meeting, the U.S Federal Reserve agreed to maintain hiking rates, with inflation still near historic highs. Ethereum also remained close to recent highs on Thursday. Bitcoin Bitcoin (BTC) mostly consolidated on Thursday, as price

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