Bitcoin.com News · 1 min read

Bitcoin Price Briefly Nears $82K, but Bears Warn of a Drop Toward $76K

Bitcoin Price Briefly Nears $82K, but Bears Warn of a Drop Toward $76K

Bitcoin surged past $81,800 following stronger-than-expected third-quarter U.S. GDP data, briefly reversing losses triggered by the Federal Reserve’s decision to hold interest rates steady ahead of the U.S. midterm elections. Strong GDP Growth Drives Temporary Rally Bitcoin rallied Thursday after new data from the U.S. Bureau of Economic Analysis showed U.S. gross domestic product (GDP) […]

This is a summary aggregated from Bitcoin.com News. Read the complete article on the original site:

Read full article at Bitcoin.com News

More Business & Finance News