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Bitcoin hits new 9-month highs above $28K as markets flipflop over FOMC

March 21, 2023

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Bitcoin BTC tickers down $28,116 headed to new nine-month highs after the March 21 Wall Street open as a crucial Federal Reserve interest rate decision loomed.

Bitcoin price climbs despite conservative Fed view

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD approaching $28,500 on Bitstamp.

The latest in a succession of multi-month highs, the latest BTC price action precedes what promises to be a volatile day for markets.

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