Bitcoin Reclaims $81K Ahead of FOMC Meeting, M Pumps by 12%: Market Watch
BTC when published $81,362Now $80,599 ▼ −0.94% since it was published
Bitcoin’s price has soared by around $2,000 over the past day as markets are preparing for the second-to-last US Federal Reserve FOMC meeting of the year later today. The altcoins have turned green as well, with ETH nearing $2,400 and XRP reclaiming the key $1.30 support. BTW and PEPE have rocketed once again. BTC Above $81K Ahead of FOMC The primary cryptocurrency faced a sharp rejection precisely a week ago when the bulls managed to push it to a 14-day peak of $85,000. However, that was short-lived, and the asset quickly tumbled by over two grand. The adverse price developments intensified as the week progressed, and BTC was close to breaking below $80,000 by Friday.
First reported by CryptoPotato. This page is a short excerpt; the full text is theirs.
