Bitcoin slips to $70,000 as oil surge, Fed pause weigh on risk assets

BTC dipped below $70,000 as energy prices spiked and the Fed held interest rates, pressuring crypto and equities. What to know : Bitcoin and ether fell Thursday, tracking broader risk-off sentiment, after the Fed held interest rates and boosted the U.S. dollar. Energy markets surged as the war with Iran notched up, with oil and gas price spikes adding macro pressure to crypto. Altcoins underperformed due to thin liquidity, though a few tokens, like NEO and ETHFI, posted gains.(Coindesk)