“Nice uptick on Bitcoin after the FOMC raise rates by 75 bps, meeting expectations,” Secure Digital Markets, a Toronto-based digital assets brokerage, said in a Telegram-based research channel. “Technically, we are seeing a very clean breakout to the upside, which started ahead of the data, seeing institutions taking heavy positions on the back of a more dovish FED stance.”
Source: https://www.coindesk.com/markets/2022/07/28/bitcoin-awaits-us-gdp-after-biggest-single-day-gain-in-6-weeks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines