FOMC Meeting Impact on Crypto Markets

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FOMC Meeting Impact on Crypto Markets

The post FOMC Meeting Impact on Crypto Markets appeared first on Coinpedia Fintech News

Bitcoin is facing potential selling pressure ahead of the Federal Reserve’s October 28 interest-rate decision, as on-chain data points to profit-taking by large holders. According to Ali Charts, Bitcoin whales have realized around $156 million in profits, while their holdings declined by approximately 8,162 BTC in the past 24 hours, worth about $664 million. Bitcoin …