Bitcoin Price Cautious Under $90K Amid Fed Decision, ETF Outflows Noted
According to analysts, Bitcoin is holding below $90,000 as markets exhibit caution ahead of the Federal Reserve's decision. The current range-bound price action for Bitcoin is attributed to several factors. These include ETF outflows, defensive positioning by investors, and broader macroeconomic uncertainty. The analysis suggests a cautious sentiment prevailing in the market as investors await further clarity on economic policies and market trends.
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