Bitcoin Traders Are Preparing for the Fed in 2 Very Different Ways

Crypto Insight Summary: Bitcoin (BTC) rose 1.54% over the past 24 hours to $80,837, according to BeInCrypto Markets data. The broader crypto market also climbed as technology stocks rallied before the Federal Reserve’s (Fed) rate decision on Wednesday. However, spot and derivatives data show traders preparing for the decision in different ways. Spot holders are moving coins off Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Fed decision anticipation drives short-term volatility and price increase.