Bitcoin stalls at $76K: Key BTC price levels to watch ahead of FOMC

Bitcoin price traded at $74,000 as investors braced for Jerome Powell’s post-FOMC speech that could see volatile swings toward key BTC price levels.

Bitcoin (BTC) traded at $74,000 on Wednesday, 2.6% below its six-week high of $76,000 reached on Tuesday, as traders expect volatility after the US policy decision on interest rate cuts. 

Key takeaways:

The odds of the US Federal Reserve leaving interest rates unchanged today are 100%.

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