$BTC is currently trading around $77.1K–$77.3K, with the market consolidating after recent weakness. �
Coinbase +1
🏦 2. Fed decision is a major risk for Bitcoin
U.S. inflation has increased expectations of a Federal Reserve rate hike next week. Higher interest rates can put pressure on risk assets such as Bitcoin.
#CPIWatch #EtherRalliesAsBearishBetsLiquidate #OpticalCommsStocksRallyOver3% #BitcoinOpenInterestShareRisesTo42.1% #OpenAILaunchesAgentsAPIPublicBeta
Coinbase +1
🏦 2. Fed decision is a major risk for Bitcoin
U.S. inflation has increased expectations of a Federal Reserve rate hike next week. Higher interest rates can put pressure on risk assets such as Bitcoin.
#CPIWatch #EtherRalliesAsBearishBetsLiquidate #OpticalCommsStocksRallyOver3% #BitcoinOpenInterestShareRisesTo42.1% #OpenAILaunchesAgentsAPIPublicBeta
