Bitcoin traders brace for Fed rate hike, but a pause may be riskier
- —Bitcoin holds near $80,000 amid uncertainty over the Fed rate decision
- —Traders are building stablecoin positions ahead of the decision
- —Funds could return to the market once the uncertainty clears
Why it matters: The Fed's decision will set bitcoin's direction: a pause instead of the expected hike could trigger sharp volatility.
Source: CoinDesk