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Bitcoin eyes $75K after 'most hawkish' FOMC as oil hits highest since 2022

The Cointelegraph โ€‹

Cryptocoins News / The Cointelegraph โ€‹ 339 Views

Bitcoin eyes $75K after 'most hawkish' FOMC as oil hits highest since 2022

Bitcoin price action remained weak as the US-Iran war delivered a Fed meeting that was the "most hawkish in years" and oil neared four-year highs.

Bitcoin (BTC) failed to recover new support on Thursday as oil hit its highest levels in nearly four years.

Key points:

Data from TradingView showed BTC/USD circling $76,000, down around 2% from the previous dayโ€™s high.

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