Bitcoin at $77K ahead of September 16 Fed meeting
- —BTC around $77,000, down 4% over the week
- —The probability of a Fed rate hike is estimated at 87-90%
- —Bitcoin ETF inflows for the week were $987 million, and $3.8 billion over three weeks
- —Zcash gained 50% over the week and entered the top 10 for the first time since 2016
Why it matters: The Fed's September 16 decision could push BTC out of its $76,000-$77,000 range or trigger sharp volatility in either direction.
Source: CoinSpot