Bitcoin Price Volatility Looms Ahead of Fed Interest Rate Meeting
Bitcoin has rebounded around 15% recently but remains far below its October peak of $126,000. Traders are closely watching the Federal Reserve's upcoming interest rate meeting, which is described as highly uncertain and could trigger significant price swings.
The market is divided on whether rates will hold or rise, with a hawkish Fed stance expected to impact Bitcoin's performance.
Without new positive catalysts like regulatory clarity or institutional demand, Bitcoin's price may remain flat for the rest of the year amid growing competition for investor attention from AI technologies.