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Bitcoin $30K bets greet FOMC as analyst warns over long liquidations

Bitcoin may celebrate no matter what the Fed decides on interest rates, but one analyst worries about the extent of longs that would be liquidated below $20,000.

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Bitcoin $30K bets greet FOMC as analyst warns over long liquidations

Bitcoin may celebrate no matter what the Fed decides on interest rates, but one analyst worries about the extent of longs that would be liquidated below $20,000.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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