How Low Could Bitcoin (BTC) Price Drop Amid Stock Market Plunge?

Bitcoin (BTC) Price News: Following the Federal Reserve‘s remarks about its expectations on raising the interest rate, prospects for Bitcoin (BTC) Price look bleak. In the December FOMC meet that concluded earlier in the week, the U.S. Fed said it expects to continue increasing the rate. This led to a fall in stock prices as well as cryptocurrencies. Meanwhile, as the stock market continues to perform in bearish environment, it remains to be seen how BTC will respond going forward.