Bitcoin slides 7% after testing $76,000 as Fed "uncertainty" spooks markets
Bitcoin retreated 7% after approaching the $76,000 level, as risk assets repriced following a hawkish Fed hold and renewed inflation concerns. With oil back above $97 a barrel and macro data staying firm, analysts argue the move looks more like a structural pullback than a leverage-driven unwind. Bitcoin was hovering near $71,000, while CoinGlass data flagged potential $450 million in long-liquidation pressure around $68,000.
