Analysis: Before the FOMC, the market is waiting for Powell’s policy signals, and Bitcoin stabilizes above $77k.

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Crypto News, according to CoinDesk, reports that Bitcoin remained above $77,000 on Wednesday, fluctuating and consolidating, as the market remained cautious ahead of the Federal Reserve’s interest rate decision. This FOMC meeting is seen as a key milestone, with the market generally expecting rates to stay unchanged, but the real focus is on whether Fed Chair Powell signals a “higher-for-longer” hawkish stance. Additionally, this could be his last meeting as Fed Chair, with the market pricing in policy uncertainty and potential leadership transition. Overall, Bitcoin remains in a “low liquidity + high event risk” structure, likely to stay between $72,000 and $80,000 in the short term, awaiting further clarity on the Fed’s policy path.

BTC-0.62%
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