Bitcoin hikes volatility into ‘tricky’ FOMC as $93.5K yearly open fails
Bitcoin whipsawed around the key yearly open level into the Fed interest-rate announcement as traders waited for a reliable move.
Last updated: 2025-12-10 16:42:48 ET
Bitcoin whipsawed around the key yearly open level into the Fed interest-rate announcement as traders waited for a reliable move.
Bitcoin failed to successfully retest the yearly open after US sell-side pressure reentered to start the week, keeping volatility firmly in control.
Bitcoin market participants saw the yearly open at $93,000 and above as particularly important heading into the weekly close.
Bitcoin price action fell back toward $90,000 on strong US jobs data as BTC ignored Fed rate-cut optimism, failing to flip the yearly open to support...