Global Cryptocurrency Market Update: Bitcoin Reverses Course as Investors Await Key Economic Indicators

Bitcoin Retreats Back to $104K as Markets Eye Fed Decision and Latest EU, UK Inflation Data

The cryptocurrency market has seen a sudden dip in prices, with Bitcoin falling from its all-time high of over $107,000 to settle around $104,000. This development comes amid heightened uncertainty and anticipation surrounding the Federal Reserve’s decision on monetary policy and ongoing inflation concerns in both the European Union and United Kingdom.

As reported by CryptoSlate, Coinbase has just announced a significant revenue milestone, surpassing Nasdaq and CBOE in exchange revenue.

Source: cryptoslate.com