Markets· ★★★· bearish·

Bitcoin slips to $80K after Fed hold as $75K support comes into play

  • —Fed held rates at 3.75%–4.00%; two officials backed a 25 bps hike
  • —10-year Treasury yield briefly climbed back above 5%
  • —Daily RSI at 44 and Stochastic at 21 keep momentum with sellers
  • —September PCE inflation report is the next market test
Why it matters: A hawkish Fed pause and rising yields weigh on risk assets, and the PCE print will shape December rate expectations.
Source: Invezz