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Investing.com — Bitcoin remained under pressure heading into the weekend, trading around $82,450 on Friday as rising oil prices, expectations of tighter U.S. monetary policy and renewed cryptocurrency security concerns weighed on investor sentiment.

Ethereum surged 6% to $2,719, breaking above the key $2,672 Fibonacci level intraday, but the weekly close on September 20 came in at $2,644, below the trigger.

Ethereum trades at $2,630, just $42 below the $2,672 Fibonacci level that must hold on a weekly close to unlock the zone between $2,950 and $3,000.

Minutes BTC Updated Author Mark Garro from a deep correctionThe Fed has removed oneroughBitcoin may be less dependent on regulatory clarity than smaller crypto assetsETF flows are becoming a more important signalThe US$80,000 area is becoming the next testWhat could keep the rebound going?Trading Bitcoin with Mitrade

Three out of four XRP holders are still waiting to break even, and that math creates a ceiling the coin keeps bumping into. Understanding where that pressure comes from reveals why the road back is far more complicated than a…

Bitcoin price is trading near $77,000 ahead of today’s Federal Reserve decision after another attempt to reclaim $80K lost momentum. Rising Treasury yields, a stronger dollar and expectations for tighter monetary policy have kept pressure on risk assets, while $BTC remains below the upper end of its recent range. The Fed decision now provides the…