Bitcoin Holds $113,000 as Liquidity Drops Ahead of FOMC Meeting

Traders adopt a cautious approach amid reduced market liquidity in anticipation of the Federal Open Market Committee meeting.

BTC

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Terms & Concepts
  • Liquidity: In crypto markets, liquidity refers to the ease with which assets can be bought or sold without significantly affecting their price.
  • FOMC Meeting: A gathering of the Federal Open Market Committee to set U.S. monetary policy, which can influence global financial and crypto markets.
  • Defensive Stance: A trading approach involving reduced risk exposure and cautious positioning in response to market uncertainty.