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Add preferred source Crypto analyst Lark Davis identified two key support levels for Bitcoin as the market digests the Federal Reserve’s interest rate hike. The first is the 200-day exponential moving average near $73,000; a break below that could open the door to roughly $67,000. Davis attributed the current weakness to US regulatory developments and…

On Sept. 16, the Federal Reserve tightened short-term monetary policy while leaving its reserve-management toolkit in place. The Federal Open Market Committee raised the federal-funds target range by a quarter point to 3.75%–4.00% and continued its policy of maintaining ample bank reserves.