BTC Price Slips as Bitcoin Traders Anticipate FOMC Impacts

Wednesday, 18 September 2024, 08:23

BTC price slips as traders brace for potential FOMC fireworks. With Bitcoin dipping at the Sept. 18 Wall Street open, the crypto markets await the US Fed's interest rate decision. Traders expect significant market shifts.
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BTC Price Slips as Bitcoin Traders Anticipate FOMC Impacts

BTC Price Overview

As the BTC price slips below the $60K mark, traders are preparing for the impacts of the upcoming FOMC meeting.

Market Reactions

  • Bitcoin short liquidations are anticipated.
  • Market participants are closely monitoring the Fed's interest rate decision.
  • Volatility may increase significant moves in price.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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