Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest...

Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped

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Source: Coindesk.com

Bitcoin led the crypto rally, hitting its highest price in September, while ETH, SOL, XRP, ADA and AVAX advanced 2%-4%. Significant BTC sell orders between $61,000 and $62,500 may cap further rally, Binance order book shows. "A lot of the focus will be around positioning into tomorrow’s highly anticipated Fed event risk," LMAX Group's Joel

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The post "Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped" appeared first here Coindesk.com.

Source: Coindesk.com

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