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Bitcoin: Crucial Fed Decision for Future BTC Price to Be Announced This Week, Here's Catch

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Major Fed announcement to be made in few days, and it can impact future trajectory of BTC price

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However, data published by the CME platform hints that the Fed is likely to leave the interest rate unchanged; the probability of this decision is high at 99%. The Fed's interest rate has a major impact on financial markets, including that of crypto assets, and in anticipation of the first rate announcement this year, the cryptocurrency community’s concerns about future Bitcoin price behavior are rising.

 

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