Bitcoin, Ethereum, Dogecoin Move Sideways Ahead Of Fed's FOMC Meet: Analyst Says 'Only A Matter Of Time' Before King Crypto Hits $74K
Portfolio Pulse from Aniket Verma
Leading cryptocurrencies like Bitcoin, Ethereum, and Dogecoin are moving sideways as investors await the Federal Reserve's interest rate decision and inflation data. Bitcoin is hovering around $69,000, Ethereum around $3,600, and Dogecoin at $0.1461. Analysts predict Bitcoin could reach $74,000 soon.
June 10, 2024 | 1:35 am
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Bitcoin is currently consolidating around $69,000 with analysts predicting a potential rise to $74,000. The market is awaiting the Federal Reserve's interest rate decision and inflation data.
Bitcoin's price is consolidating, and analysts see significant liquidity at $74,000. The upcoming Fed decision and inflation data could impact its price movement.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
Dogecoin is trading at $0.1461 with a slight decline. The market is awaiting the Federal Reserve's interest rate decision and inflation data.
Dogecoin's price is slightly down, and the market is awaiting the Fed's decision. This could lead to potential price movements depending on the outcome.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Ethereum is consolidating around $3,600. The market is closely watching the Federal Reserve's upcoming interest rate decision and inflation data.
Ethereum's price is stable, and the market is awaiting the Fed's decision. This could lead to potential price movements depending on the outcome.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80