After Bitcoin took some significant blows in the market, some investors wonder how low it could go. "$5,000 was my most optimistic downward target and my most pessimistic downward target is $1,300," says blockchain and Bitcoin consultant Tone Vays.
For the full segment, [click here.](https://cheddar.com/videos/inside-the-factors-driving-bitcoin-price-down)
Visa Inc. said its adjusted third-quarter profits rose by nearly double digits, as the global payments company continues to benefit from the broad shift by consumers to using credit and debit cards instead of cash.
Even after inflation has steadily eased this year, the Federal Reserve's policymakers still think prices are rising too fast and are almost certain to lift their key interest rate by a quarter-point on Wednesday.