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Home BlockchainBitcoin and Ethereum Traders Should Watch 'Narrative Whipsaw' Heading into Fed Decision
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Bitcoin and Ethereum Traders Should Watch 'Narrative Whipsaw' Heading into Fed Decision

by Vivek Kumar
written by Vivek Kumar 0 comments
Bitcoin and Ethereum Traders Should Watch 'Narrative Whipsaw' Heading into Fed Decision

In brief

  • Bitcoin is trading at $89,842 while Ethereum has reclaimed $3,000 ahead of Wednesday’s Federal Reserve meeting.
  • Markets have priced in a 97% chance that the Fed holds rates steady at 3.5-3.75% range.
  • The focus has shifted to Powell’s labor market commentary as unemployment sits at 4.4%.

Bitcoin and Ethereum have gained 2.1% and 3.5% respectively, as investors await the Federal Reserve’s next interest rate decision Wednesday afternoon.

Bitcoin is changing hands for $89,842, about level with where…

Crypto news writer decoding markets, on-chain data, and regulation, delivering sharp analysis, timely insights, and clear narratives that help readers navigate volatility with confidence globally.

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