👈$BTC
💛🔹 CoinDesk reported that before the Federal Open Market Committee (FOMC) meeting, Bitcoin (BTC) dominance surpassed 65%, reaching a new high since January 2021, indicating strong risk-averse sentiment among funds.
Analyst Joel Kruger believes the market is waiting for key catalysts such as the Federal Open Market Committee's decision. Vetle Lunde, Head of Research at K33, expects that due to extremely low Bitcoin volatility recently, significant price movements may occur after the Federal Open Market Committee meeting. He noted that the current negative funding rates of perpetual contracts may provide buying opportunities for investors.
