Bitcoin Stagnates Ahead of Fed Rate Decision Amid Near-Certainty Hike
Bitcoin's price remains below $76,000 as markets await the US Federal Reserve's decision on interest rates.
The Fed is expected to raise its federal funds rate by 0.25%, bringing it to 3.75-4%.
This move has nearly 93% odds of happening, according to CME Group's FedWatch Tool.
Onchain support for Bitcoin converges around $68,000, with bid liquidity moving towards the current spot price.