CoinDesk·3 min read·medium
'Anything remotely dovish' from Fed could be good for bitcoin, says analyst
K
Krisztian Sandor
✦AI Summary
Bitcoin is showing signs of decoupling from traditional risk assets like AI-linked tech stocks ahead of a highly uncertain Federal Reserve meeting. Analysts suggest that the market's divided expectations regarding interest rate changes may limit the impact of the FOMC meeting on crypto prices.
Bitcoin BTC $ 63,843.78 recovered from its intra-day losses to trade flat just below $64,000 on Tuesday, while AI-linked technology stocks stumbled again ahead of one of the most uncertain Fed meetings in years.
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