Crypto investors look through hawkish Fed minutes to focus on fundamentals

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City AM

By Darren Parkin Bitcoin, the world’s largest cryptocurrency, lost some of its recent bullish momentum in the last 24 hours, falling below $24,000 from its seven-day peak of $25,100. Much of this current volatility being experienced comes as investors turn their attention to the Federal Open Market Committee (FOMC) meeting minutes scheduled to be released today. It’s not just the crypto market that is going through a temporary risk-off mode moment. Stock markets are shedding gains as traders position for further downside ahead of the minutes. On Wall Street yesterday, the Dow Jones lost 2.06%,…

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