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Bitcoin (BTC) gained over 2% on Wednesday after the Federal Reserve (Fed) left interest rates unchanged at 5.25% to 5.50%. A recent analysis also revealed that BTC could be on the verge of a 20% rally after the Fed’s meeting. Bitcoin shot above 4% in the past 24 hours before experiencing a slight correction after the headline US Consumer Price Index (CPI) ...
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BTC/USD quotes are trading at 67504 and continue to move as part of the correction and have left the bearish channel. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are again testing the area between the signal lines, which indicates pressure from buyers of Digital Gold and a potential continuation of growth in the value of the ...