Bitcoin Price Today: BTC Falls Below $100,000, Declines 6.1% After US Fed Hawkish Tilt

After the brief dip, Bitcoin has recovered slightly to reclaim the $100,000 level to currently trade at $101,040 as of 10:30 am on Thursday.

Bitcoin Price Today: Halting the gaining streak, the world’s largest cryptocurrency Bitcoin on Thursday fell below the $100,000 level to $98,792.67 after the US Fed’s 25 bps rate cut decision and its hawkish tilt raised concerns about the inflation outlook. It was 6.18 per cent lower than the day’s high of $105,302.37.

However, after the brief dip, Bitcoin has recovered slightly to reclaim the $100,000 level to currently trade at $101,040 as of 10:30 am on Thursday, according to binance.com.