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Does FOMC days’ Bitcoin price fluctuation differ this time?

  • Bitcoin price tends to be highly volatile around FOMC meeting days.
  • Bitcoin's open interest did not decrease significantly before the recent FOMC meeting, indicating traders may be betting on a specific direction or expecting a neutral outcome.
  • Spot Bitcoin ETF holders tend to sell their BTC holdings prior to FOMC meetings for risk reduction.
  • Bitcoin's price action, onchain data, and spot ETF flows should be observed closely after the FOMC meeting.

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