Bitcoin Price Drops 5.20% Ahead of FOMC Meeting: Potential Surge to $70,000 Anticipated
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Bitcoin's price has plunged by 5.20%, driven by anticipation surrounding the FOMC meeting and the forthcoming interest rate decision by the US Federal Reserve. Market sentiment indicates a 96.9% likelihood of an interest rate change, leading to volatility. Despite the current drop, analysts expect a potential surge in Bitcoin's price to $70,000.
Source: en.coinotag.com ↗
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