Market awaits next week’s FOMC meeting, expects leadership changes for a dovish outlook

Bitcoin’s price is currently stabilizing around 90,000 USD after a 5% rebound from a low of 86,000 USD, as traders expect the FOMC meeting next week.

Investors anticipate leadership changes in the Fed, with 85% likelihood for Kevin Hassett as the new chair, which may lead to a more dovish monetary policy.