Bitcoin Price Reaches $65K as Market Observers Eye Upcoming FOMC Meeting

Tuesday, 19 March 2024, 18:47

Investors are closely monitoring the price of Bitcoin, which has surged to $65K, amid concerns related to the upcoming Federal Reserve decision. Recent data shows disappointing flows into Bitcoin ETFs, indicating a risk-off sentiment among investors in anticipation of the FOMC meeting. The market remains cautious as investors navigate the uncertainty surrounding potential Fed actions and their impact on the cryptocurrency market.

https://store.livarava.com/788e1e00-e622-11ee-9686-5254a2021b2b.jpe — Bitcoin Price Reaches $65K as Market Observers Eye Upcoming FOMC Meeting

Bitcoin Rebounds to $65K as Investors Weigh Looming Fed Decision Risk

Disappointing flows into Bitcoin ETFs over the past days partly resulted from investors trimming risks ahead of Wednesday's FOMC meeting, one market observer said.

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.

Bitcoin Rebounds to $65K as Investors Weigh Looming Fed Decision Risk

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