*#Bitcoin Market Summary ๐ช๐ฐ*
Bitcoin (BTC) slipped to around *59,500* as traders await the Federal Reserveโs rate decision. The market widely expects the Fed to *hold rates steady* at 5.25
Just months ago, the consensus leaned toward *six cuts in 2025* โ now, some expect *only one*, and there's a **36
The U.S. economy is facing *stagflation pressures*, with **GDP growth slowing to 1.6
BTC briefly bounced back above *64K* after Hong Kong launched *spot Bitcoin & Ethereum ETFs*, but momentum faded as traders stayed cautious ahead of the Fedโs move.
#Bitcoin #FOMC #RateWatch #BTC $BTC

BTCUSDT
Perp
90,341.2
-2.43%
