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Bitcoin Bullish Fundamentals Wanes Ahead Of FOMC; Wall Street Estimates

By Varinder Singh at 2024-12-24 21:31

Sentiment: Negative

Bitcoin price holds above $28,000 as traders speculate whether more upside momentum still exists. Investors are awaiting the crucial rate hike decision by the U.S. Federal Reserve after the FOMC meeting on Wednesday amid the banking crisis in the U.S. The CME FedWatch Tool indicates there’s an 18.1% probability of no rate hike by the The post Bitcoin Bullish Fundamentals Wanes Ahead Of FOMC; Wall Street Estimates appeared first on CoinGape. Continue reading...

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Tags: #24/7 Cryptocurrency News #Bitcoin News #Bitcoin #bitcoin price #Funding Rate #interest rate #U.S. Federal Reserve #United States #wall street

Source CoinGape