- BTC ($102,420.94) maintained the $100K-$105K range ahead of the FOMC meeting.
- 21 Shares analyst projected that a surprise interest rate cut could rally BTC higher.
Bitcoin [BTC] has defended the $100K level ahead of key macro updates—the Fed rate decision and PCE inflation data.
For the Fed decision, the market expects ‘no rate cut’ with interest traders pricing >99% chance of rate pause.
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