Bitcoin’s price fell by 2% ahead of the Federal Open Market Committee (FOMC) meeting, which is in line with its usual trend before interest rate announcements. Meanwhile, stock markets showed gains, further emphasizing Bitcoin’s divergence from traditional assets.
Despite rising stock prices, the overall sentiment in the crypto market remains neutral, with many investors feeling pessimistic about BTC’s immediate future. However, analysts believe bullish signals might forecast a potential recovery post-FOMC.
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