Bitcoin slips to $80.5K ahead of Fed rate decision
- —Bitcoin is up 0.3% over 24 hours at $80,523 after peaking at $81,600
- —Ethereum gains 0.1% to trade near $2,331.64
- —Zcash pared its morning gain from 7.5% to 0.2%
- —The Fed is expected to hold rates at 3.75%–4%
Why it matters: The Fed's statement and Chair Kevin Warsh's remarks on inflation will decide whether bitcoin holds above $80,000.
Source: Crypto Insiders