Bitcoin, the leading cryptocurrency, experienced a dip below the $60,000 mark amidst speculation surrounding the Federal Open Market Committee (FOMC) meeting. However, the decision to keep rates unchanged by the Fed injected newfound optimism, pushing Bitcoin back into the $58,000 range. Analysts suggest that reclaiming levels above $59,200 could signal a bottoming out for Bitcoin, setting the stage for a potential bullish rally.·
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