news 
Bitcoin Rebounds! $1B BTC Withdrawn from Coinbase in One Hour
The world of cryptocurrency has been abuzz with the recent happenings surrounding the Federal Open Market Committee (FOMC) meeting outcomes and Federal Reserve Chair Jerome Powell’s speech. The impact on Bitcoin [BTC] prices was immense, as it briefly dropped below $100K before rebounding to reclaim this critical psychological barrier at $101,496.
This significant price swing serves as a testament to the asset’s continued volatility. Nevertheless, beneath the surface lies an extraordinary institutional buying spree that has garnered considerable attention. A staggering $1.1 billion in Bitcoin was withdrawn from Coinbase within a mere hour following the FOMC announcement.
Source: ambcrypto.com
