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Crypto Traders Place Bets Ahead of Tuesday’s Fed Meeting
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The price of bitcoin (BTC) and ethereum (ETH) rose slightly in the early hours of Tuesday after falling lower on Monday, as market participants positioned themselves for a potential “buy the news” event that may follow a key US Federal Reserve (Fed) meeting later today.
Ahead of today’s event, BTC remained down by 3% over the past 24 hours, trading at a price of USD 47,250, while ETH fell almost 5% over the same time period to a price of USD 3,815 as of 11:00 UTC.
The current prices still mark a
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