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Crypto

Bitcoin Climbs to $78,960 Amid Fed Meeting Jitters

Guavy AI Editorial Team
Instruments
BTC
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Bitcoin's price rose by 1.5% to an intraday high of $78,960 as buyers challenged resistance near $79,000.

The cryptocurrency is recovering after a recent pullback from the $81,000 range, supported by strong technical indicators and increasing volume.

Market watchers are closely monitoring upcoming September events, including the Federal Reserve meeting and potential Senate action on the CLARITY Act, which could influence volatility and price direction.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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