Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped
Briefly

Bitcoin's recent surge to $61,330 marks its highest price in three weeks, as traders anticipate the Fed's decision on interest rates, highlighting a positive sentiment in the cryptocurrency market.
Despite the rally, significant sell orders between $61,000 and $62,500 may inhibit further gains for Bitcoin in the short term, suggesting cautious trading behavior among investors during this volatile period.
Read at Coindesk
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