Bitcoin slipped below $10,000 on Thursday after the Federal Reserve cut benchmark lending rates by 25 basis points. The BTC/USD instrument settled a new session low towards $9,585.86 on San Francisco-based Coinbase exchange. That brought the pair’s week-to-date losses close to 7 percent. Hawkish Fed Bad for Bitcoin The move downhill occurred despite the presence...The post Bitcoin Surrenders Post Fed Rate Cut; Pullback Awaited appeared first on NewsBTC.
