Bitcoin price stable at the Japanese decision on the interest rate, such as fed speeches

The Price bitcoin It was plastic beginning of Wednesday after Bank of Japan They decided “unanimous voice” to leave a key interest rate unchanged to 0.5%. Now traders are waiting to see if the Federal Reservation will do the same.

The Chairman of the Jerome Powell Federal Reserve is scheduled to deliver its remarks at 14:00 Eastern Time.

At the time of writing, Bitcoin received 1.7% on the day and changed for approximately $ 83,765 Coongecko Data.

But it is still the case not to change much BTC at all. Trading volume over the last 24 hours was $ 25 billion – a far cry of 42 billion daily volume of 42 billion streams seen last week.

Users of the decentralized market prediction market, launched by DecipherThe parent company Dastan, is convinced that Bitcoin will succeed in holding this level to appreciate the weekend with Over 68% expect Bitcoin to be above $ 83,000 By the end of the week, more than 52% at the beginning of the day.

Meanwhile, that Cripto Fear & Poam Index He lost 2 points from yesterday, left him stuck in “fear”. It is located on “neutral” territory recently as last month. Since the beginning of the year, the index – moving from 0 for extreme fear of up to 100 for extreme greed – reached as much as 84 two days after the inauguration of President Donald Trump. But it experienced a drummer, since then as geopolitical tensions and the global trade of the reaper for the market.

Merchants are waiting to see if Powell will offer any hope that it will be evaluated later this year. They seem to have already given up hope that later announce the speed of surprise later, and 99% of traders expected that Fed will leave interest rates unchanged, according to CME FEDVATCH tool.

But Brn Analyst Valentin Fournier believes that they want DC for a different reason – and perhaps, with more optimism.

“The dominant narrative driving This cycle is Bitcoin accumulation at the national level,” she wrote on the market on Wednesday. “Although current actions are awaiting, their potential impact is expected to be sudden and significant.”

This comes after Bo Hines, the CEO of the Presidential Working Group for Digital Property, said several participants in the round table in the closed table Bitcoin Institute of Politics Bitcoin last week that white house the intention of getting so much Bitcoin How can it.