Forbes: Bitcoin and crypto markets face a major interest rate decision shock from the Federal Reserve
According to Forbes, bitcoin and cryptocurrency prices temporarily stabilized after a near-collapse yesterday, but market sentiment remained tight. The sudden sell-off raised investor fears of a "financial crisis". Bitcoin prices fell sharply to around $100,000 before recovering to around $102,000, but the overall market remained sluggish. Sentiment remained weak despite BlackRock CEO Larry Fink's blockbuster announcement of a sovereign wealth fund.