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via BeInCrypto · By Lockridge Okoth
Bitcoin Drops Below $77,000 as Waller Speech Suggests Fed Rate Hike Risk
BTC
BTC/USDT
$64,778.00
+0.24%
$64,778.00
+0.24%
(24s)24h Volume
$12,007,928,466.74
24h H/L
$65,025.22 / $64,172.00
Change: $853.22 (1.33%)
Long/Short
56.1%
Long: 56.1%Short: 43.9%
Funding Rate
+0.0006%
Longs pay
Data provided by COINOTAG DATALive data
LO
Lockridge Okoth(03:58 PM UTC)
1 min read
Bitcoin (BTC) slipped below $77,000 on Friday after Federal Reserve Governor Christopher Waller signaled openness to future rate hikes. The shift pushed traders to price a quarter-point Fed hike as early as October.
The pioneer crypto has fallen roughly 4.5% over the past week as macro conditions deteriorate. Real yields have climbed and the dollar has firmed, eroding demand for non-yielding…
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