Alex Kuptsikevich
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Bitcoin Slips Ahead of Fed Decision. Where Prices Could Go Next.
Bitcoin Slips Ahead of Fed Decision. Where Prices Could Go Next.

and other cryptocurrencies were declining ahead of the Federal Reserve’s decision on interest rates Wednesday. Digital assets may be particularly vulnerable to comments from the central bank suggesting that more interest-rate increases could lie ahead. The price of has retreated 1.3% over the past 24 hours to about $25,920, slipping below the $26,000 and $27,000 range that has dominated for much of the period since the largest digital asset hit a 10-month high above $30,000 in April.
Bitcoin Starts March on the Right Foot. History Says It May Not End That Way.
Bitcoin Starts March on the Right Foot. History Says It May Not End That Way.

The price of Bitcoin has risen 1.5% over the past 24 hours to $23,750. The largest digital asset is still up some 40% so far this year, but has largely failed to consolidate above the $24,000 level, to say nothing of above $25,000—the peak of a recent rally that also marks the highest point since last summer. Bitcoin rose from around $16,500 at the end of December to above $23,000 by the end of January, but has failed to make the same scale of progress in the month since.
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