Bitcoin Holds Steady Above $29K Despite Brief Tumble and Low Leverage Ratio, Analysts Optimistic Ahead of FOMC Meeting.

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Source: CoinDesk
TL;DR Summary

Bitcoin remains steady above $29,000 despite concerns about banking unrest and slowing US economic growth. The cryptocurrency has shown resilience despite industry mishaps and wider macroeconomic uncertainty. Ether also rose above $1,910. Investors are now looking for assets that retain their value as they await next week's Federal Open Market Committee (FOMC) interest rate decision. Meanwhile, William Shatner has released his first NFT collection, Infinite Connections, at the Consensus 2023 conference, partnering with Web3 entertainment company Orange Comet.

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