Bitcoin briefly dips below K as Fed says rate hike ‘soon appropriate’

Bitcoin briefly dips below $43K as Fed says rate hike ‘soon appropriate’

Bitcoin (BTC) dipped below $43,000 on Feb. 17 as another day on ranging compounded hopes for an incoming breakout.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Fed teases over rate hikes

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a slightly widened zone with $44,500 as a ceiling over the past 24 hours.

The pair had returned to the top of its intraday range overnight on the back of United States Federal Reserve comments.

Expected to provide cues…


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