Bitcoin price slides as gold rallies on weaker dollar

Bitcoin price slides as gold rallies on weaker dollar

The price of bitcoin fell by around 1% over the past 24 hours, trading close to the $88,000 (£63,690) mark, as markets digested the US Federal Reserve’s decision to keep interest rates steady at Wednesday’s Federal Open Market Committee (FOMC) meeting. Read more: London rises as traders digest mixed US earnings and Fed rate hike … Read more

Bitcoin price rises as Trump backs down on Greenland tariff threat

Bitcoin price rises as Trump backs down on Greenland tariff threat

Bitcoin (BTC-USD) traded higher on Thursday as global risk sentiment improved after US President Donald Trump walked back his plan to impose new tariffs on European allies amid his push to acquire Greenland. The largest cryptocurrency by market capitalization (BTC-USD) rose around 1% over the past 24 hours to hover near $90,000 (£66,902), moving along … Read more