Bitcoin Holds Steady At $84,000 As Wednesday FOMC Meeting Looms

Crypto Daybook Americas: Recession Concerns Stifle Bitcoin Recovery Prospects, Memecoins Buzz

By Omkar Godbole (All times ET unless indicated otherwise)Bitcoin (BTC) has found some stability around its 200-day average at about $84,000 after dipping below $77,000 early last week. The broader market recovery was led by memecoins, layer-2 tokens and gaming tokens.However, maintaining a sustained uptick could still be a challenge, especially since President Donald Trump's administration appears to have a higher tolerance for market instabili…

Bitcoin Holds Steady At $84,000 As Wednesday FOMC Meeting Looms

Bitcoin (CRYPTO: BTC) is trading around $84,400 on Monday morning, with macroeconomic events this week anticipated to set the tone for short-term price movement in the weeks to come. What Happened: Crypto trader CrypNuevo on Sunday noted that Bitcoin's one-week 50-day exponential moving average has held as support, prompting a bounce. If this level breaks, it could invalidate the bullish structure, similar to Q1 2022 The FOMC meeting on Wednesda…

Bitcoin Dips Slightly Ahead of Federal Reserve Meeting – Markets and Prices Bitcoin News

Bitcoin Dips Slightly Ahead of Federal Reserve Meeting Bitcoin Dips Slightly Ahead of Federal Reserve Meeting – Markets and Prices Bitcoin News BTC …

Bitcoin Price Goes Slack Ahead of US Fed Decision on Interest Rates - WorldNL Magazine

The Bitcoin price appears to be holding its breath ahead of tomorrow's Federal Reserve decision on interest rates.At the time of writing, Bitcoin has slid just below $83,000, having lost 0.8% in the past day, according to CoinGecko data.Traders are moving a lot less Bitcoin than they were this time last week, when President Donald Trump's trade war again got put on pause. In the past 24 hours, $22 billion worth of Bitcoin has changed hands—a ver…

Whale closes $516M 40x Bitcoin short, pockets $9.4M profit in 8 days — TradingView News - TECHTELEGRAPH

A Bitcoin whale has closed over half a billion in short positions, betting on Bitcoin price’s decline ahead of the much-awaited Federal Open Market Committee (FOMC) meeting this week. A large crypto investor, or whale, made nearly $10 million profit after closing a 40x leverage short position for 6,210 Bitcoin BTCUSD — worth over $516 million — which functions as a de facto bet on Bitcoin’s price fall. Leveraged positions use borrowed money to i…

On Tuesday morning, crypto prices were stable as concerns about a potential recession in the United States increased. Bitcoin hit $84,500, while the whole...