Bitcoin and Cryptocurrencies Rally Ahead of Fed Decision.

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Source: Barron's
Bitcoin and Cryptocurrencies Rally Ahead of Fed Decision.
Photo: Barron's
TL;DR

Bitcoin and other cryptocurrencies have risen ahead of the latest Federal Reserve monetary policy decision, with traders anticipating a potential catalyst that could push prices above key bear market levels. Despite a bumpy start to March, Bitcoin has resumed its rally and is up from around $16,500 at the start of the year, prompting widespread calls of a new bull market.

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