Bitcoin holds near $80,000 as oil retreats and the Fed decision looms
Summary
Bitcoin held near $80,400 after briefly falling to about $79,300, while altcoins were mixed. Markets remained sensitive to macroeconomic and geopolitical risks after Maelstrom sold its directional positions, including 6,400 ether. U.S. stock futures rose and oil prices fell amid diplomatic efforts involving Iran. Investors are watching Wednesday’s Fed decision; markets expect rates to remain unchanged. U.S. spot bitcoin ETFs recorded $138 million in outflows Friday, bringing two-day outflows to $772 million.
