Fed Meeting Looms Large as Bitcoin Holds Steady at $29,000

Bitcoin has proven resilient in the face of a recent AI-related selloff, but its next move may be heavily influenced by an upcoming high-stakes Federal Reserve meeting.

The Fed meeting is scheduled to take place on March 21-22 and will likely draw significant attention from investors. The central bank's interest rate decision could have far-reaching implications for the cryptocurrency market.

Despite the uncertainty surrounding Bitcoin's immediate future, its price remains relatively stable at around $29,000. This stability suggests that investors are cautiously optimistic about the asset's prospects.