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cryptonews

2022-11-23 19:41:00

Bitcoin Price Prediction as FOMC Minutes Blast BTC Into Bullish Territory

Bitcoin Price Prediction as FOMC Minutes Blast BTC Into Bullish Territory

Bitcoin failed to maintain its upward trend on November 23 and fell below $16,650. However, following the release of dovish FOMC meeting minutes, Bitcoin is gaining bullish momentum. According to FOMC minutes, Fed officials' "Substantial Majority" see rate hikes slowing "soon." Most Open Market Desk survey respondents thought a 50 basis point increase in the federal funds rate target range at the December meeting was the most likely outcome.... Read More: Bitcoin Price Prediction as FOMC Minutes Blast BTC Into Bullish Territory

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