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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

$79,945.15

+0.32%

$79,945.15

+0.32%

(24s)

24h Volume

$7,067,960,716.07

24h H/L

$80,200.00 / $79,545.96

Change: $654.04 (0.82%)

Long/Short

53.2%

Long: 53.2%Short: 46.8%

Funding Rate

+0.0021%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,967.99

▲ 0.17%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,260.41

Resistance 1$80,157.58

Price$79,967.99

Support 1$79,635.96

Support 2$77,509.46

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):67.1

Lockridge Okoth

(03:58 PM UTC)

1 min read

Updated byEmily Watson

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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