Bitcoin Price Remains Above $21K, Upcoming Fed Interest Hike Spells Uncertainty for Global Markets

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After a bullish run last week, and a relatively-volatile Monday and Tuesday, Bitcoin’s price remains flat on Wednesday as the cryptocurrency manages to hold its current support at the $21k level. Currently trading at $21.3k, Bitcoin’s market cap remains above $406 billion. However, we’re seeing a sharp decline in trading volume for BTC, with a 24-hour volume of $26 billion, down over 32% in the past day. Key Points: Bitcoin’s price holds the $21k support level, but trading volume continues to drop sharply. The historic Fed interest rate hike spells uncertainty for global markets and Bitcoin prices. Ethereum will likely

The post Bitcoin Price Remains Above $21K, Upcoming Fed Interest Hike Spells Uncertainty for Global Markets appeared first on The Merkle News.

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