Mover Americas: Bitcoin Pulls Back Before Probable Fed Rate Cut
This post initially appeared in MoverCoinDesk's day-to-day newsletter, putting the current relocations in crypto markets in context. Sign up for get it in your inbox every dayMost current PricesCoinDesk 20 Index: 1,822.90 -3.32%Bitcoin (BTC): $58,779.97 -1.93%Ether (ETH): $2,302.66 -4.24%Nikkei 225: 36,581.76 -0.68%Leading StoriesBitcoin sank listed below $59,000 having actually invested much of the weekend above the $60,000 mark. BTC traded around $58,550 in the European early morning, a drop of 2.4% over 24 hours at the start of a week in which traders around the world anticipate the Federal Reserve to make its very first interest-rate cut in more than 4 years. The more comprehensive digital possession market as determined by the CoinDesk 20 Index (CD20) is 3.6% lower. Crypto markets wer...