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International Business Times UK
International Business Times UK
Business
David Unyime Nkanta

Bitcoin Traders Eye $116,000 Price Level as Markets Brace for US Data Shock and Crucial Weekly Close Moves

Bitcoin United States the Federal Reserve US Federal Reserve Ted Pillows Inflation

Bitcoin (BTC) is holding steady around the $116,000 (£86,000) level as markets prepare for a turbulent week shaped by US economic data and the Federal Reserve's latest interest rate decision.

With volatility near historic lows and technical resistance looming at $117,200, traders are closely watching whether the world's largest cryptocurrency can sustain its momentum or face another pullback.

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