Bitcoin's Volatility: Testing $66K and Fed Meeting Rebound

1 min read
Source: CoinDesk
Bitcoin's Volatility: Testing $66K and Fed Meeting Rebound
Photo: CoinDesk
TL;DR Summary

Bitcoin tests $66,000 amid ongoing volatility, with analysts expecting more turbulence ahead due to factors such as ETF outflows and the upcoming BTC halving event. Meanwhile, the market is pricing out the possibility of an ether ETF being approved soon, with Grayscale Ethereum Trust seeing widening discounts. Ethereum is currently trading above $3500, up 1.2%, while prediction markets reflect uncertainty about the approval of an Ethereum ETF and the timing of its all-time high.

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