🍳 Bitcoin continues to simmer in the range! 🍳
Today, Bitcoin moved within $58,014 – $61,320, and its current price is $60,538. Market capitalization is $2.05 trillion, and the fear index is just 45%. It seems calm, but tension is in the air! 😬
The S&P 500 is also directionless: it’s either burning up or rising, but everything returns to the starting point. The reason? Today’s Federal Reserve meeting. The heads can’t predict how a rate cut—by 0.25% or 0.50%—will impact things. Someone is definitely going to “burn.” 🔥
🥄 CryptoKitchen advises: It’s important to set limit orders correctly, as the market can flare up or cool down at any moment.
We expect movement within $57,500 – $62,500 after the Fed’s decision at 18:00 UTC.
🍔 Interesting: Binance has launched its “crypto-hamster”! What do you think, is it out of disappointment in the market or is there something more behind it?