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via CoinDesk · By CoinDesk Staff

Bitcoin news: BTC and gold fall together as a rate-hike bet hits every hedge

BTC

BTC/USDT

$79,650.68
-1.81%
24h Volume

$17,679,000,981.55

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short
52.6%
Long: 52.6%Short: 47.4%
Funding Rate

-0.0011%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$79,697.72

0.05%

Volume (24h): -

Resistance Levels
Resistance 3$91,281.84
Resistance 2$88,315.23
Resistance 1$80,811.61
Price$79,697.72
Support 1$79,507.02
Support 2$76,172.06
Support 3$74,131.55
Pivot (PP):$79,916.17
Trend:Sideways
RSI (14):66.5
CS
CoinDesk Staff
(05:22 AM UTC)
1 min read
EW
Verified byEmily Watson

The relief rally that lifted crypto off last week's lows is unwinding alongside tech stocks and gold, with traders bracing for a US inflation print and a Warsh Fed that may stay hawkish.

Bitcoin's bounce off last week's lows is rolling over, and gold is going down with it.

BTC changed hands at $61,233 on Wednesday, down 3% over 24 hours and 6.9% on the week, while gold fell 2% to below $4,200 an…

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Source

CoinDesk Staff · CoinDesk

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