Bitcoin limps into FOMC as flagging volume adds to BTC price hurdles By Cointelegraph

(BTC) hit daily lows at the May 3 Wall Street open as markets counted down the hours to the Federal Reserve interest rate decision.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $28,152 on Bitstamp, down 2.2% from the day’s highs.

Fed target rate probabilities chart. Source: CME Group (NASDAQ:)

BTC/USD annotated chart. Source: Daan Crypto Trades/Twitter

BTC/USD annotated chart. Source: Justin Bennett/Twitter

Bitcoin limps into FOMC as flagging volume adds to BTC price hurdles By Cointelegraph

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