Bitcoin price taps $117K as traders brace for Fed rate cuts

Bitcoin price taps 7K as traders brace for Fed rate cuts

Bitcoin rose above $117,000 as investors braced for Jerome Powell’s post-FOMC speech that could see volatile swings toward key BTC price levels.

Key takeaways:

Fed interest-rate cut odds for today are now 100%.

BTC price may rise to all-time highs if key resistance level at $118,000 is broken.

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