Market Sentiment Shifts as Bitcoin Price Reacts to Upcoming Federal Reserve Rate Decision

Bitcoin (BTC) Dips Below $104K Ahead of Fed’s Rate Decision

The largest cryptocurrency is now in risk-off mode ahead of the Federal Reserve’s rate decision and Jerome Powell’s speech, according to António García-Treto, a well-known trader.

García-Treto believes that Bitcoin is unlikely to collapse all the way to $86,000 at this time.

Source: u.today