BTC Below $17,000, as ETH Nears $1,200 Breakout – Market Updates Bitcoin News

BTC Below $17,000, as ETH Nears $1,200 Breakout – Market Updates Bitcoin News

Bitcoin fell below $17,000 on Dec. 16, as bearish pressure continued to intensify following yesterday’s disappointing U.S. retail sales figures. Sales in the United States were down by 0.6%, which news came less than 24 hours after the Federal Reserve moved to hike interest rates. Ethereum moved closer to the $1,200 level in today’s session.

Bitcoin

Bitcoin (BTC) fell below $17,000 in today’s session, as markets continued to react to last month’s retail sales data.

As retail…


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