“Bitcoin should still consolidate leading up to the Federal Open Market Committee (FOMC) decision, with risks to the downside if the Fed sticks to its hawkish mantra,” Edward Moya, senior market analyst at foreign exchange Oanda, wrote in a Friday note about the Federal Reserve’s rate-setting unit.
Related posts
-
Bitcoin Price Surge To $71,000 Sends All Long-Term Holders Into Profit, What About Short-Term Holders?
Bitcoin long-term holders are back in profit following the flagship crypto’s recent price surge. However, the... -
Bitcoin (BTC) Price Compressed Below $72K, But Dovish Fed Amid Soft U.S. Data, Global Rate Cuts May Bring All-Time Highs
The big question going forward is if the U.S. Federal Reserve might join the rate cutting... -
Bitcoin (BTC) Mining Stocks Like Core Scientific and TeraWulf (WULF) Soar Amid M&A Frenzy
Please note that our privacy policy, terms of use, cookies, and do not sell my personal...