Crypto markets have been curiously resistant to the latest macroeconomic utterances. With a few blips, bitcoin has been trading in a range between $29,000 and $31,500 for much of the past two months. It was recently changing hands at $29,100, down more than 3% over the past 24 hours. “It will take a fresh catalyst to excite Bitcoin traders,” Edward Moya, senior market analyst at foreign exchange market maker Oanda wrote in a Monday note.
Source: https://www.coindesk.com/markets/2023/07/25/crypto-catalysts-likely-rate-hike-on-the-menu-as-fomc-begins-latest-monetary-policy-deliberations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines