Bitcoin briefly dips below $43K as Fed says rate hike ‘soon appropriate’

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Bitcoin (BTC) fell below $ 43,000 on February 17 as part of complex expectations for the next divorce.

Cointelegraph Markets Pro and TradingView data show that BTC / USD has been trading as a high-level branch in the slightly expanded zone for the last 24 hours for $ 44,500.

The couple returned to the beginning of the afternoon after comments from the Federal Reserve.

The minutes of a meeting of the Federal Open Market Committee (FOMC) in late January are expected to show a potential increase in interest rates, along with a number of surprises. March may be March, but no decision has been made on the process.

“The committee has long sought to achieve maximum performance and 2 percent inflation,” the statement said.

“In support of these goals, the Committee has decided to keep the federal money target range at 0/1/4 percent. As inflation is over 2 percent and the labor market is strong, the Committee expects rapid money growth. The federal funds’ target range.”
The FOMC plans to completely suspend property purchases in March, with purchases expected to reach at least $ 30 billion in February.

With little news on Thursday, cryptocurrency markets were uninteresting. However, declining optimism has been at the strength of BTC price movements over the past two weeks.

Pentoshi, a popular trader and analyst, said in a recent update on Twitter, “My outlook has changed a bit and I confirm 53,000 contractions by mid-March.”

Others have focused on relatively strong prices this month compared to last month’s Bitcoin declines.

For example, in January, the miners’ capitulation jump was successfully saved by jumping to about $ 33,000 – where miners are forced to sell or stop because the price of Bitcoin is lower than the cost of production.

According to Cointelegraph, support levels have been rising in recent days as customers have invested in less potential disadvantages than expected.

Tensions over stocks and cryptocurrencies continue in Russia
Other macro signals appeared that day in a new unknown form to the Russian-Ukrainian epic, with information about overnight combat operations.

Related: Price Analysis 2/16: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT

Stock futures fell by at least 0.5% before the opening of Wall Street.

Earlier, the US government said that Russia was trying to aggravate the situation on the border with Ukraine and destabilize the market.

“Yesterday, the Russian government announced that it was withdrawing its troops from the Ukrainian border … now we know that this is a lie,” a senior official told the Financial Times on Wednesday.

Until 2022, it will be closely linked to both bitcoin and gold stocks.

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