Bitcoin hikes volatility into ‘tricky’ FOMC as $93.5K yearly open fails

Bitcoin whipsawed around the key yearly open level into the Fed interest-rate announcement as traders waited for a reliable move.

Bitcoin (BTC) gave back recent gains on Wednesday as traders predicted fakeout moves around the Federal Reserve interest-rate announcement.

Key points:

Bitcoin fails to hold on to its recent trip past $94,500 as nerves accompany the Fed interest-rate decision.

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