Here’s why Bitcoin is stuck below $80,000 and what Powell’s FOMC meeting did for BTC price
Bitcoin remains capped below $80,000 following Powell's FOMC meeting, which signaled cautious monetary policy amid inflation concerns. The Fed's messaging dampened risk appetite, pressuring cryptocurrency markets. Long-term holders increasingly borrow against assets rather than selling, preserving positions while accessing liquidity. This strategy highlights crypto's growing integration into portfolio management for Indian investors seeking alternative financing without triggering tax events.
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