Crypto界网消息, Bitcoin fell below $75,000 after the Federal Reserve decided to keep interest rates unchanged. The Federal Reserve stated in the FOMC meeting minutes that, despite maintaining the goal of "maximum employment and a long-term inflation target of 2%," concerns about the "developments" in the Middle East situation were expressed, leading to a market environment filled with "uncertainty." Bitcoin continued its two-day decline on Wednesday, dropping to a low of $74,937, slightly below the 20-day simple moving average (SMA) of $75,664, which some traders consider as a confirmed support level. Analysts pointed out that if Bitcoin fails to regain the 20-day moving average and close above the trendline resistance, it could be interpreted as a loss of bullish momentum, opening the path for Bitcoin to test the lower boundary of the nearly four-month channel.

BTC-1.56%
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