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Bitcoin falls 7.2% to $26,634
Bitcoin dropped 7.2% to $26,634 on Thursday, losing $2,067 from its previous close.
The Federal Reserve kept the interest rate steady at 5.25%-5.50%, the highest in the last 22 years.
Simultaneously, the Fed revealed intentions to reduce the interest rate by 0.75 percentage points in the upcoming year.
The central bank foresees a drop in inflation to 2.4% in 2024, adjusted from the September forecast of 2.5%, and a further decrease to 2.2% by 2025.
This page was last updated 14.12.2023 00:46