BITCOIN PRICE DROPS TO $64,000 AS FOMC DECIDES TO KEEP US INTEREST RATES STEADY
- Mt. Gox moved $3.1 billion worth of BTC on Wednesday.
- Grayscale Mini BTC ETF receives a $1.8 billion inflow on Wednesday.
- The FOMC decided to hold US interest rates steady, resulting in a BTC price decline.
- Bitcoin Spot ETF registered slight outflows of $17.70 million on Wednesday.
Bitcoin’s (BTC) price stabilizes at around $64,000 on Thursday after falling short of closing above $70,000 at the beginning of the week. On Wednesday, Mt. Gox moved $3.1 billion worth of BTC, Grayscale's Mini BTC ETF received a $1.8 billion inflow, and the Bitcoin Spot ETF experienced slight outflows of $17.70 million. The FOMC's decision to hold US interest rates steady also contributed to the decline in Bitcoin’s price.
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