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Bitcoin traders see K BTC price as market trims Fed rate cut bets
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Bitcoin traders see $70K BTC price as market trims Fed rate cut bets

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Bitcoin traders see K BTC price as market trims Fed rate cut bets
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Bitcoin traders see $70K BTC price as market trims Fed rate cut bets

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Source: Coin Telegraph

Bitcoin avoids excess volatility after its trip beyond $68,000, but BTC price analysis warns that sharp moves may be next.

Bitcoin drifted lower into the Oct. 17 Wall Street open as United States jobless claims increased caution over interest rate cuts.

BTC/USD 1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView tracked a cool day for Bitcoin (BTC) price action after a spike to 11-week highs of $68,400.

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Author: William Suberg

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