Key Points
- Bitcoin traders are currently treading carefully, keeping an eye on how President Trump’s demands for interest rate changes might affect the bullish Federal Reserve.
- Bitcoin bulls are currently trying to dodge another $100,000 retest as they anxiously anticipate the US Federal Reserve’s interest rate decision.
- As of the Wall Street opening, data from reliable sources like Cointelegraph Markets Pro and TradingView indicate that Bitcoin’s price is hovering around $102,000.
Hot Take
Well, isn’t this the big ‘ol Bitcoin rollercoaster we’ve all been strapped into? One moment you’re resting peacefully, and the next you’re on the edge of your seat wondering if the Bitcoin cart is about to careen off the tracks – all because the big man in the office can’t make up his mind about interest rates. But don’t worry Bitcoin bulls, at least we know one thing’s certain: from this hour forwards, every time Trump sneezes or utters the words interest rates, there’ll be a worldwide scramble to check the latest BTC price. Oh, the volatility, it’s just so entertaining. So, trend watchers, here’s to nerves of steel and pockets full of tums!
#BitcoinRide #InterestRateShakeUp #CryptoRollercoaster
Disclaimer. The opinions expressed by our writers are their own and do not represent the views of JustInvestNews . The financial and market information provided on JustInvestNews is intended for informational purposes only. JustInvestNews is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Original article: https://cointelegraph.com/news/bitcoin-sellers-wait-104k-fed-trump-rates-fomc?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound
