The odds are on for a March rate increase after Wednesday’s FOMC minutes, but stocks also fear geopolitical instability this week.
Bitcoin (BTC) dipped below $43,000 on Feb. 17 as another day on ranging compounded hopes for an incoming breakout.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFed teases over rate hikesData from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a slightly widened zone with $44,500 as a ceiling over the past 24 hours.The pair had returned to the top of its intraday range overnight on the back of United States Federal Reserve comments.Expected to provide cues about potential interest rate hikes, the Federal Open Market Committee (FOMC) minutes from a meeting in late January ultimately provided few surprises. A hike could come in March, but no firm commitment was voiced over the process.“The Committee seeks to achieve maximum employment and inflation at the rate o
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