- Bitcoin was up by 0.37% before the FOMC meeting results.
- The U.S. Federal Reserve held its federal funds interest rate at 5.25%, following an extended period of consecutive rate hikes.
The eyes of the market were on the Fed rate decision announcement from the Federal Open Market Committee (FOMC) meeting. The cryptocurrency market on the whole has experienced a turbulent few weeks. As such all eyes were fixed on the decision that would lead to price pump or dump.
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Bitcoin [BTC] was seen to top the charts in social engagement ahead of the looming FOMC decision. A look at the 24-hour price action prior to the announcement revealed a price surge of 0.37%.
TOP COINS BY SOCIAL ENGAGEMENT
Wednesday, 14 June 2023, 10:01 UTC$btc $eth $sol $ada
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Author: Suzuki Shillsalot