(CNBC) Bitcoin’s price slumped to around $57,000 apiece Thursday, hitting a two-month low after the U.S. Federal Reserve released minutes from its June meeting indicating the central bank isn’t yet ready to cut interest rates. At around 2:30 p.m. London time, the digital currency fell around 5% in 24 hours to $56,837, falling below the $57,000 mark for the first time since May 1, according to data from crypto ranking site CoinGecko.
Bitcoin slides to two-month low as Fed signals it’s not ready to cut rates yet
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