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Bitcoin Recovery Hits a Wall Ahead of FOMC Decision
Bitcoin price remained in a tight range on Wednesday morning as the recent rally stalled amid profit-taking and as investors waited for the upcoming Federal Reserve interest rate decision. The BTC/USD pair retreated to 65,695 from this week’s high of 67,200. Bitcoin Price Rally Stalls Ahead of Fed Decision The BTC/USD pair wavered after the recent rally stalled. It had previously jumped from a low of 59,000 in June to a high of 67,200 as hopes of a US-Iran deal to end the war rose. The ongoing consolidation is happening ahead of the upcoming Federal Reserve interest rate decision that comes out later today. ... (full story)
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