BTC price gains 12% post-FOMC while Bitcoin ignores $260M ETF outflows

Bitcoin wastes no time liquidating shorts as a BTC price rebound follows the latest Federal Reserve economic policy meeting.

Bitcoin (BTC) stayed higher on March 21 after a snap rebound gave bulls 12% BTC price gains.

Data from Cointelegraph Markets Pro and TradingView showed consolidation in a narrow range after a dramatic comeback the day prior.

Bitcoin reacted positively to commentary from the United States Federal Reserve as it chose to hold interest rates at current levels.

Read more

Source: https://cointelegraph.com/news/btc-price-gains-12-fomc-bitcoin-260m-etf-outflows