Bitcoin Holds Above $86,000 Ahead of U.S. Federal Reserve Decision
Markets await the U.S. central bank’s expected 25 basis point rate cut, while China enters a week of key policy meetings and economic data announcements.
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Terms & Concepts
Basis Point: A unit equal to one hundredth of a percentage point, commonly used to measure interest rate changes.
Federal Reserve: The central banking system of the United States, responsible for setting monetary policy.
Rate Cut: A reduction in the interest rate set by a central bank to influence economic activity.