Bitcoin Eyes Breakout Before Fed Rate Decision 🚀
Bitcoin pulls back from near $24,000 as traders await the upcoming US Federal Reserve meeting. Will this event trigger a major move? Stay tuned for the latest insights in The Crypto Mile Weekly Update.
Yahoo UK
2.3K views • Feb 1, 2023
About this video
<p>Bitcoin withdrew from a weekend high of close to $24,000, as crypto investors are cautiously awaiting this Tuesday and Wednesday's US Federal Open Market Committee meeting (FOMC).<br><br>If an expected slow down in rate hikes does materialise, a break-out of both bitcoin and ethereum is forecasted by market analysts.<br><br>Dogecoin reacted positively after Elon Musk reaffirmed his offer to eat a happy meal on TV if McDonald's accepts dogecoin<br><br>At the beginning of last year, when Musk made his first offer, McDonald’s declined.<br><br>However, the Twitter account for the fast food corporation replied, “only if Tesla accepts grimacecoin".<br><br>Grimace is a fluffy, purple character who tags along with Ronald McDonald in McDonaldland commercials.</p>
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2.3K
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1:11
Published
Feb 1, 2023
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