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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

$64,116.01

+2.09%

$64,116.01

+2.09%

(24s)

24h Volume

$17,397,758,878.66

24h H/L

$64,188.00 / $62,348.00

Change: $1,840.00 (2.95%)

Long/Short

62.0%

Long: 62.0%Short: 38.0%

Funding Rate

+0.0017%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,541.96

▼ -0.13%

Volume (24h): -

Resistance Levels

Resistance 3$68,209.53

Resistance 2$65,935.76

Resistance 1$63,957.65

Price$63,541.96

Support 1$61,862.79

Support 2$59,130.91

Support 3$52,679.32

Pivot (PP):$63,441.87

Trend:Downtrend

RSI (14):32.9

Lockridge Okoth

(03:58 PM UTC)

1 min read

Updated byEmily Watson

1444 views

0 comments

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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Source

Lockridge Okoth · BeInCrypto

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