Bitcoin's price surged beyond $90,000 following the Federal Open Market Committee (FOMC) meeting, fluctuating between $92,000 and $89,500 as leveraged positions were liquidated. The cryptocurrency saw over $38 million in new exposure added in anticipation of upcoming Producer Price Index (PPI) and unemployment data releases. Despite mixed predictions, with some analysts forecasting a potential rise to $200,000 by 2026, Bitcoin maintained its position above the critical $90,000 support level. Funding rates have normalized, and institutional investment flows remain robust.
Bitcoin Surges Past $90,000 Amid FOMC Impact and Liquidations
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