Crypto Market Predicts Short-term volatility
This is a US news story, published by CoinGape, that relates primarily to Jerome Powell news.
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ongoing Bitcoin price rallyCoinGape
•Can US FOMC Hinder Bitcoin Price Rally To $100K?
62% Informative
Bitcoin price was up 1.5% to $ 74,828 , after touching a ATH of $ 76,460.15 in the last 24 hours .
Bitcoin Futures Open Interest rose nearly 4% since yesterday , hinting at a bullish sentiment hovering in the market.
Despite short-term concerns, the market experts anticipates a robust rally for BTC in the coming days .
The market anticipates volatility following the US FOMC and Fed Chair Jerome Powell ’s speech.
VR Score
42
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29
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58
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formal
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English
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47
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Time-value
short-lived
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