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BTC/USD: Neutral Outlook Ahead of Fed
Bitcoin price has held steady in the past few weeks as it remained above the key support at $90,000. The BTC/USD pair was trading at 95,130 on Wednesday as focus shifted to the upcoming Federal Reserve interest rate decision. It has jumped from last month’s low of 74,510. Bitcoin demand is rising The BTC/USD pair rose as third party data showed that demand continued rising this week. According to SoSoValue, spot Bitcoin ETFs have added over $500 million in inflows this month, continuing a trend that has been going on since March. These funds have now had over $40.6 billion in inflows, with Blackrock’s IBIT having ... (full story)
