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Gate Square New & Returning Creator Rewards are ongoing!
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What volatility? Bitcoin price dismisses #crypto2023 FOMC, one of Exchange with $26.7K dip
Bitcoin traders get none of the volatility they hoped for, and BTC price slowly drifts back to intraday lows.
Bitcoin (BTC) slipped from $27,000 on Sep. 21 as the dust settled on the latest United States macroeconomic events.
Bitcoin had delivered a cool reaction to the Federal Reserve’s interest rate pause, and Chair Jerome Powell’s speech and press conference likewise failed to spark major volatility.
Contrary to the expectations of many, BTC price action acted as if no catalysts were present at all. Later, news that payouts to creditors of defunct exchange had been delayed by a year also went unnoticed by markets.
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