The FOMC meeting's impact on Bitcoin's price is significant, as the Federal Reserve's decisions on interest rates can influence market sentiment. If the Fed maintains or lowers interest rates, it could boost Bitcoin's price, potentially driving it to new highs. Conversely, a rate hike could lead to a decline. Currently, Bitcoin is trading around $106,923, showing resilience despite geopolitical tensions and market volatility. Traders are closely watching the FOMC meeting, anticipating a potential breakout. The likelihood of no change in interest rates is high, at 98%, according to Polymarket. A positive outcome could send Bitcoin's price surging.$BTC
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