Bitcoin price drops to $43.7K after Fed minutes re-confirm plans to hike rates

[newshunter]

Bitcoin price drops to $43.7K after Fed minutes re-confirm plans to hike rates

Bitcoin price slipped below $44,000 shortly after notes from the Federal Reserve’s December FOMC session re-confirmed plans to get the balance sheet under control.

Source: Bitcoin price drops to $43.7K after Fed minutes re-confirm plans to hike rates

Would appreciate your opinion about this

[TomPluz]

and Bitcoin is now even down to $42K as of the moment. Seems to me that Bitcoin is now having a hard time digesting the possible ramifications in the Fed's decision to raise interest rates. But then again, Bitcoin is just having some overreaction - or I would say that traders and investors are making some over-acting reaction to this news which to me can just be nothing at the end. There is nothing that can ever replace what Bitcoin can offer to its long-term and short-term investors - and soon we can see institutional buyers and investors getting greedy to take Bitcoin again.

[Noverteno]

I do not think that the above decision at the December session of the Federal Reserve is directly related to the current fall in prices in the cryptocurrency market. We recorded a wave of cryptocurrency sales. And this could happen for various reasons. The timeline could be just a coincidence. Personally, I am absolutely indifferent to such a decision made by a separate state. Here, either several factors influenced at once, or the whales once again chose a convenient time for them in order to in their own interests cause panic among weak hands.