Update
Bitcoin Faces Liquidity Risk Ahead of Fed Rate Decision
Bitcoin traders are closely monitoring the Federal Reserve's October 27-28 meeting, with leveraged long positions around key price levels raising the possibility of a sharp move either way. The CME Group's FedWatch tool shows 90% odds on the Fed leaving rates alone, but inflation concerns remain. Bitcoin's next move could be influenced by the Fed's decision, with a pause potentially boosting the market and a rate hike weighing it down.