Bitcoin Rejected at $85K, Retreats to $81K Ahead of FOMC
- —BTC neared $85,000 before dropping over $4,000 within a day
- —Oil climbed above $100 a barrel after Trump's threats against Iran
- —Large BTC holders accumulated nearly 89,000 coins over the past month
- —Total market cap stands at $2.84T, BTC dominance at 57.5%
Why it matters: Traders are focused on the FOMC decision; a hold and expensive oil would keep pressuring risk assets.
Source: CryptoPotato