Live Update: Bitcoin Relinquishes Early Gains as Markets Anticipate Multiple Rate Hike Scenarios
Bitcoin’s price action on Tuesday took a sharp turn, erasing the modest rally it had enjoyed earlier in the session. After climbing to a brief high near $30,000, the world’s largest cryptocurrency slipped back below that threshold, settling in the low‑$29,000 range as investors digested fresh macroeconomic data and reassessed the trajectory of U.S. monetary policy.
The catalyst for the shift was…
Sept. 11, 2026, 11:04 a.m.