The Fed’s decision on interest rates is due Wednesday — and everyone in Bitcoin is talking about it.
Bitcoin (BTC) upped the volatility into the weekly close on March 13 as markets braced for geopolitical and macro economic cues.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewLong-awaited Fed action set to come this weekData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it again came close to testing $38,000 support during Sunday.The pair had seen a quiet end to the week on Wall Street, the weekend proving similarly calm as the status quo both within and outside crypto continued without surprises.Now, attention was already focusing beyond Sunday’s close, specifically on the upcoming decision on interest rates from the United States Federal Reserve.Due March 16, the extent of the presumed rate hike could provide temporary volatility and even a longer-lasting trend change for risk assets, dep
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