Bitcoin was trading near $77,000 on September 16, according to Coinpedia, as the market awaited the Federal Reserve’s latest policy decision. The cryptocurrency had made another attempt to recover the $80,000 level, but momentum faded before it could break higher. Market pressure has also been linked to rising Treasury yields and a stronger U.S. dollar, both of which have weighed on risk assets. Expectations for tighter monetary policy have added to the cautious backdrop. Bitcoin remains below the upper boundary of its recent trading range, leaving the Fed announcement as the next major event for the asset. The decision could influence market sentiment and determine whether BTC can regain momentum toward $80,000, although the supplied report does not provide a confirmed policy outcome or price forecast.
Source
Coinpedia
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