BTCUSDT

Perp

90,951

-1.26%

Federal meeting today: markets are cautious and Bitcoin remains steady near $92,000

Bitcoin maintains its stability around $92,000 ahead of today's crucial Federal decision, while the market anticipates a expected 25 basis point rate cut.

Data shows the potential for strong volatility, especially with the possibility of a massive short position liquidation if prices rise.

The tone of the Federal statement and the dot plot will be the most influential factors on market movements, and Powell's press conference may determine the direction of risky assets in the coming weeks.