Briefing: Bitcoin slips below $80K ahead of Fed, Ethereum Foundation sells 2,785 ETH
- —Bitcoin dropped below $80,000 as markets cut risk before the Fed decision
- —Ethereum Foundation sold 2,785 ETH for roughly $6.42 million via CoWSwap
- —An old ETH wallet moved 5,000 ETH, with 1,500 ETH sent to an exchange
- —Stablecoin market cap fell 0.59% over 30 days to $300.5 billion
Why it matters: Selling by the Ethereum Foundation and pre-Fed risk-off pressure weigh on sentiment in the two largest crypto assets.
Source: TokenPost