What's going on with Bitcoin$BTC ?
Bitcoin continues to disappoint investors. After setting a new high on December 17 at $108,268, the cryptocurrency began to fall. On December 20, BTC momentarily fell to $92,212. Three days later, Bitcoin dropped to $92,557. The local BTC minimum was recorded on December 5. On this day, the cryptocurrency dropped to $90,490. As of the time of writing, the coin is trading at $94,482.$DOT $LINK
Bitcoin began to fall after updating the maximum against the backdrop of the publication of the Fed's decision on the rate. The regulator once again lowered the rate, but hinted that the speed of its further reduction may not be as previously planned. The crypto market negatively perceived the changes in the Fed's rhetoric. Also, the head of the regulator Jerome Powell criticized Donald Trump's initiative to form a bitcoin reserve in the United States. According to the banker, the Fed currently has neither the ability nor the desire to organize the storage of cryptocurrency. He claims that the implementation of the initiative will require changes to the legislation.