Bitcoin Price $80,853: The Fed Statement Comes at 7 p.m. German Time This Week

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Prices of major cryptocurrencies are showing mixed trends ahead of the U.S. Federal Reserve's (Fed) decision on the benchmark interest rate. As of 8:26 AM on the 26th, according to CoinMarketCap, a global cryptocurrency market data site, Bitcoin is trading at $80,162, down 0.41% from 24 hours ago. During the same period, Ethereum is trading at $2,327, down 0.55%. On the other hand, XRP (Ripple) is 0.29%

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Bitcoin and cryptocurrency markets are entering the new week focusing on the Fed's interest rate decision. While expectations of keeping interest rates unchanged are strengthening in the market, the possibility of an interest rate hike for the last meeting of the year still remains. The decision of the Fed's meeting, which will be held on October 27-28, will be announced on Wednesday, October 28, at 9:00 PM Turkish time. Fed Chairman Kevin Warsh…

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The proof is that Bitcoin is at $80,853 on Sunday morning, and the three dates that are on the course this week will take place for you one hour earlier than last week. Our assessment of this follows below: The changed time does not change the direction, but it decides whether you are experiencing or missing the moment of the decision. The change of time during the night to Sunday affects only Europe. In Germany the clock was postponed at 03:00 …