Bitcoin makes ‘big move’ after Fed rate decision, Coinbase Premium turns red

A negative Coinbase Premium Index and the markets’ reaction to a disappointing Federal Reserve presser catalyzed a “big move” in Bitcoin price.

Key takeaways:

Bitcoin’s Coinbase Premium turned negative after a 62-day buying streak.

BTC continues to hold above $115,000 despite rising sell pressure and a negative futures CVD.

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