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Bitcoin Price Drops Below $76K Ahead of Fed Rate Decision

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Bitcoin’s price dropped below $76,000, erasing its Monday gains and hitting a nearly four-week low of $75,560 after breaking past key $77,000 support. Market Reversal Bitcoin wiped out Monday’s gains, tumbling below $76,000 as Senate negotiations over the CLARITY Act remained deadlocked. The reversal came ahead of a crucial Federal Open Market Committee (FOMC) meeting, […] Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Fed rate decision uncertainty and technical breakdown below $77K support.

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