Bitcoin Whales and Miners Sell Off as US Fed Raises Interest Rates and Technical Indicators Point to Potential Fall to $24,600

05/19 11:30

Bitcoin's price has dropped below the key 200-WMA level due to whales and miners selling their holdings, following the US Federal Reserve's decision to raise rates. The price remains range-bound between 26,500-27,500, with Fed officials hinting at hawkish views on interest rate hikes.

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