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Crypto

Bitcoin Rebounds Above $80K Amid Regulatory and Rate Fears

Guavy AI Editorial Team
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BTC
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Bitcoin rebounded above $80,000 after facing pressure from regulatory, rate, and security fears.

The Federal Reserve raised its benchmark rate by 25 basis points to 3.75%-4.00% on September 16, adding fresh pressure to crypto risk assets.

The price of BTC currently stands at $81,137.97, up 6.05% over 24 hours and 4.30% over seven days.

Santiment Intelligence pointed out that the market absorbed adverse news without breaking key support, suggesting larger buyers may have entered as fear became widespread.

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