Bitcoin holds steady as markets anticipate Fed rate hike
Bitcoin remains near $78,000 despite AI-related volatility in global stock markets. Investors are currently pricing in an 85% probability of a Federal Reserve rate hike this week. Additionally, Donald Trump has expressed support for new crypto ethics regulations ahead of the CLARITY Act vote. Other developments include growing industry pressure to slow AI advancement, concerns over long-term copper supply, and a data breach at Revolut resulting from a fraudulent government request.
Summaries are written by AI from the original article. Not investment advice.