Bitcoin: Crucial Fed Decision for Future BTC Price to Be Announced This Week, Here's Catch

Major Fed announcement to be made in few days, and it can impact future trajectory of BTC price

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

However, data published by the CME platform hints that the Fed is likely to leave the interest rate unchanged; the probability of this decision is high at 99%. The Fed's interest rate has a major impact on financial markets, including that of crypto assets, and in anticipation of the first rate announcement this year, the cryptocurrency community’s concerns about future Bitcoin price behavior are rising.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crucial Bitcoin Message Sent by Michael Saylor to Community As BTC Tops $61,000Vocal Bitcoin evangelist has made an important Bitcoin call on the global cryptocurrency community
Read more »

Bitcoin (BTC), Bitcoin Cash (BCH) Set for Epic Countdowns to Halving EventBitcoin's hard fork, Bitcoin Cash, also gearing up for its halving event, albeit earlier than Bitcoin halving event
Read more »

'Rich Dad Poor Dad' Author Issues Crucial Bitcoin-Vs-Fed StatementFamous Bitcoin investor explains why he does not like Fed Reserve and urges community to buy BTC
Read more »

Bitcoin (BTC) Price Shows Resilience With Strong Accumulation IndicatorsData shows strong accumulation and investor belief in future potential of Bitcoin
Read more »

Bitcoin NFT NodeMonkes Sells for $1M as BTC Inches Toward $69KShaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.
Read more »

Bitcoin (BTC) Price Hits New All-Time High Against Euro and British Pound Following Latest SurgeCrypto Blog
Read more »