Bitcoin has increased to $84,191.67, up 3.49% in 24 hours, with stronger interest in the Federal Reserve’s upcoming meeting. Metrics indicate market caution with BTC down 3.54% in market cap. Investors remain alert to the Fed’s economic outlook, which could significantly impact BTC prices.

Bitcoin (BTC) has risen by 3.49% in the last 24 hours, reaching $84,191.67, as reported by Coinmarketcap. Despite this daily surge, Bitcoin has only increased by 1.20% over the past week, amid continued market uncertainty preceding the Federal Open Market Committee’s (FOMC) meeting.

Bitcoin’s recent price movements indicate a potential upward trajectory if market sentiment remains favorable post-FOMC meeting. Investors are poised for insights from Chairman Powell, with the possibility of BTC climbing above recent resistance levels if the economic outlook is optimistic. Conversely, hawkish statements could lead to a further decline.

Original Source: news.bitcoin.com

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