Analysis: Bitcoin's slowdown is a risk-off move ahead of the FOMC, not a trend reversal
17hours ago
According to Odaily Planet Daily, Bitcoin has recently fluctuated between $117,000 and $120,000. Cautious market sentiment stems primarily from the Federal Reserve's upcoming interest rate decision and the White House's upcoming report on crypto policy and national Bitcoin reserves. While technically there is potential for a correction, analysts believe this downturn is a common risk-reduction measure before the FOMC meeting. Positive policy announcements could trigger a new round of gains. (Cointelegraph)
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