What’s Behind Bitcoin Price Drop? Political Chaos or US Fed Meeting?

Bitcoin price dropped below $60,000 to a low of $58,112 today. It has made the crypto community puzzled as the 50 bps Fed rate cuts speculation sparked rallies in stocks, crypto, and gold recently. Moreover, the political chaos surrounding the 2024 US presidential election continues to impact markets, alongside assassination attempts on Donald Trump. Bitcoin The post What’s Behind Bitcoin Price Drop? Political Chaos or US Fed Meeting? appeared first on CoinGape .

Source: CoinGape