Bitcoin Price Breaks Record Streak. The Fed Rate Decision Is Weighing on the Crypto.

Bitcoin Price Breaks Record Streak. The Fed Rate Decision Is Weighing on the Crypto.·Barrons.com

Bitcoin price fell early Wednesday, pulling back somewhat from a record high earlier this week as investors’ attention turned to the next interest rate decision by the Federal Reserve. The world’s largest cryptocurrency is down 3.2% over the last 24 hours to $103,989, according to CoinDesk data. Cryptocurrencies across the board got a boost Tuesday after Ripple, the payment platform that issues the digital token XRP which used to settle payments on its platform, announced the beginning of trading of a new stablecoin under the name RLUSD.

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