Here s why Bitcoin is stuck below $80,000 and what Powell s FOMC meeting did for BTC price

· 1 min read · By Topline Newsroom · cryptoslate.com
Here s why Bitcoin is stuck below $80,000 and what Powell s FOMC meeting did for BTC price

The story

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Bitcoin entered yesterday's Fed decision already capped below a dense on-chain supply zone, and Fed Chair Jerome Powell's press conference gave buyers little reason to push through it. The Federal Reserve kept the target range at 3.5%-3.75% and explicitly linked elevated inflation to higher global energy prices, citing the tensions in the Middle East as [ ] The post Here s why Bitcoin is stuck bel

From the source

Explore why savvy investors borrow against crypto instead of selling, with insights on liquidity, capital preservation, and portfolio strategy.

Who and what

Key names and topics in this story: Here, Bitcoin, Powell, FOMC.

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