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Home»BLOCKCHAIN NEWS»Bitcoin depends on 100k ahead of tomorrow’s FOMC meeting.
BLOCKCHAIN NEWS

Bitcoin depends on 100k ahead of tomorrow’s FOMC meeting.

By Crypto FlexsJanuary 29, 20252 Mins Read
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Bitcoin depends on 100k ahead of tomorrow’s FOMC meeting.
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Main takeout

  • Bitcoin remains more than $ 100,000 than the FOMC meeting.
  • The fear of Hawk’s fear of Fed Chair Powell fuelism shows a wide range of markets in preliminary meetings.

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BITCOIN keeps the $ 100K mark firmly according to Traders Brace for tomorrow’s Federal Open Market Committe (FOMC) meeting.

After 3%modifications for Tuesday afternoon, the token recovered and reflected the prudent optimism among investors before the main policy remarks.

Federal Reserve Bank is expected to keep the interest rate at 4.25%-4.5%, and the CME Fedwatch tool has a 97.3%chance that there is no change of 97.3%.

The market is still cautiously cautious about the potential attractive opinions of Jerome Powell, the Fed Chairman, who can press Bitcoin and other risk assets.

Crypto Market experienced turbulence earlier this week and showed performance at a lower cost at a similar cost to Openai’s GPT-4O, which is a Chinese AI model, which has decreased 8%, following the news on DEEPSEEK Monday morning.

The announcement triggered a wider market sales, with a global market value of $ 1 trillion and a decline of more than 20% before NVIDIA stocks recovered.

Bitcoin rose to $ 104,000 early on Tuesday before it fell to $ 98,000 on Monday. Digital assets have been dealt with more than $ 100,000 in the press time.

Encryption analyst Jelle mentioned the overall performance of Crypto Market and emphasized long -term strengths despite short -term volatility.

“The high period of chart looks good. Tomorrow FOMC, the first in the new Trump administration. Until then, it must be volatile, and maybe it is wise to get out of the LTF chart and ignore volatility. Don’t shake. ”Zel said.

Traders are monitoring POWELL’s upcoming remarks on insights that can affect Bitcoin’s trajectory and extensive market sentiment.

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