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Bitcoin, Technical Analysis: BTC Consolidates As FOMC Indicates Additional Rate Hikes to Come

 

Bitcoin settled marginally below $17,000 as market volatility continued to be high following the minutes of the Federal Open Market Committee (FOMC). The U.S Federal Reserve met in December and agreed to keep hiking rates. Inflation is still at historic highs. On Thursday, Ethereum was also close to its recent highs. Bitcoin Bitcoin (BTC), remained mostly consolidated on Thursday as price

 

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