Bitcoin price reclaims $59K as Fed leaves rates unchanged The market was at the edge of its seat on Wednesday to see whether the US Federal Reserve would cut interest rates during the Federal Open Market Committee meeting. It came after a flash crash in thecryptocurrencymarket that saw Bitcoin price dip below $60,000 ahead of the announcement.
Bitcoin price dips to Bull Market Support Band, liquidates over $230 million in leveraged positions Bitcoin price is trading with a bearish bias, recording a steady streak of lower highs as part of a vertical chop. The dump comes ahead of the Federal Open Market Committee decision with markets recording surgingvolatility.
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