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Bitcoin hangs on just above $27k ahead of Fed rate decision
Bitcoin's (BTC) attempt at a sizable rally was snuffed out Tuesday, but the crypto managed to hold the $27,000 level and was trading at $27,180 late in the afternoon, up 1.4% over the past 24 hours.
The broader CoinDesk Market Index (CMI) was ahead 1% for the day. Notably underperforming was ether (ETH), with a gain of just 0.1%.
Earlier Tuesday, bitcoin had rallied to its highest price in three weeks at $27,475, but – as has been the pattern for months – sellers quickly emerged.
The results of the Fed policy meeting come tomorrow
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