Crypto Traders Place Bets Ahead of Tuesday’s Fed Meeting

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Crypto Traders Place Bets Ahead of Tuesday’s Fed Meeting

 
The price of bitcoin (BTC) and ethereum (ETH) rose slightly in the early hours of Tuesday after falling lower on Monday, as market participants positioned themselves for a potential “buy the news” event that may follow a key US Federal Reserve (Fed) meeting later today.
Ahead of today’s event, BTC remained down by 3% over the past 24 hours, trading at a price of USD 47,250, while ETH fell almost 5% over the same time period to a price of USD 3,815 as of 11:00 UTC….
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