All Time Low
Bitcoin Hits New Multi-Week Low
Bitcoin (BTC) set a new multi-week low after Friday's Wall Street open, dipping below $75,000. The total crypto market cap was down 0.5% on the day. US stock markets rebounded, with the S&P 500 and Nasdaq Composite Index trading up 0.6% and 1.2%, respectively. Expectations of the Federal Reserve hiking interest rates by 25 basis points at its December meeting increased from 66.9% to 76.8%.