Cryptocurrencies Price Prediction: Bitcoin, Solana & Crypto – European Wrap 17 September
|Bitcoin Price Forecast: BTC steadies above $116,000 ahead of Fed decision as traders eye breakout
Bitcoin (BTC) steadies above $116,000 at the time of writing on Wednesday, with traders bracing for heightened volatility following the Federal Reserve’s (Fed) rate cut decision later today. While a breakout toward $120,000 remains in play, on-chain data suggests uneven sentiment across the cryptocurrency market, increasing the risk of a sell-the-news reaction.
Solana Price Forecast: SOL eyes 27% rise as Forward Industries announces $4 billion equity offering
Solana (SOL) edges lower toward the $230 short-term support at the time of writing as investors look forward to the United States (US) Federal Reserve (Fed) interest rate decision later on Wednesday.
Crypto Today: BTC, ETH steady and XRP slides as Fed interest-rate cut looms
Bitcoin (BTC) exhibits subtle bullish potential, trading marginally below $117,000 at the time of writing after pulling back from an intraday high of $117,286. The uptick in price can be attributed to several factors, including steady United States (US) Exchange Traded Funds (ETF) inflows and growing optimism that the Federal Reserve (Fed) could deliver an interest rate cut later on Wednesday.
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