Delayed Volatility Post-Fed Meeting Sees Bitcoin and Altcoins Take a Hit

Delayed volatility ensued approximately an hour after the Federal Reserve meeting, with Bitcoin losing the $25,000 threshold. Although the king of crypto reclaimed the critical area at the time of writing, the repeated violations of the support region bring the risk of further declines into sharp focus. ASR Coin Commentary The altcoin, which continues the day with losses above 10%, was the crypto most affected by the recent sell-offs. It’s leading the loss column on the Binance exchange. After bouncing from the $2 mark on June 13, the price had jumped to $2.58 today. Now, it’s moving back towards Saturday’s low. If the popular altcoin continues to close below $2.2, the $2.12 and $2.04 support levels could be tested again. The decline needs to end with the price closing above $2.24 for now. CRV Coin Commentary Among the falling ones, CRV Coin was one of the most unfortunate. The price […] The post Delayed Volatility Post-Fed Meeting Sees Bitcoin and Altcoins Take a Hit appeared first on COINTURK NEWS.