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Can Bitcoin Reach $100K After the Upcoming US Fed Decision?

CoinGape LogoCoinGape16h ago

Can Bitcoin Reach $100K After the Upcoming US Fed Decision? - CoinGape

Quick Summary:

Bullish traders have been deploying significant leverage positions on BTC ahead of the upcoming US Federal Reserve rate decision slated for March 19.

Bitcoin’s price briefly crossed the $85,000 mark on Sunday, March 16, marking an 11% rebound from last week’s bottom of $76,000.

However, positive indicators from the US Consumer Price Index (CPI) and Producer Price Index (PPI) reports published last week have spurred a recovery.

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Can Bitcoin Reach $100K After the Upcoming US Fed Decision? - CoinGape (Picture 1)Can Bitcoin Reach $100K After the Upcoming US Fed Decision? - CoinGape (Picture 2)Can Bitcoin Reach $100K After the Upcoming US Fed Decision? - CoinGape (Picture 3)Can Bitcoin Reach $100K After the Upcoming US Fed Decision? - CoinGape (Picture 4)Can Bitcoin Reach $100K After the Upcoming US Fed Decision? - CoinGape (Picture 5)

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Article Details

Author / Journalist: ibrahim

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-16 @ 19:39:08 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 760 words

Reading Time: 5 minutes read

Sentences: 58 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 27063181

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 6 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 13 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "Can Bitcoin Reach $100K After the Upcoming US Fed Decision?" has 760 words across 58 sentences, which will take approximately 4 - 7 minutes for the average person to read.

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The story "Can Bitcoin Reach $100K After the Upcoming US Fed Decision?" was covered 16 hours ago by CoinGape, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 6 news stories per day.

It's most recent story was published 13 hours ago.

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  • News ID: #27063181
  • URL: https://beamstart.com/news/can-bitcoin-reach-100k-after-17421542421895

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