Bitcoin Falls as Traders Cautious Ahead of Fed Decision — Market Talk

Bitcoin edges lower as traders exercise caution ahead of the Federal Reserve's latest policy decision. The Fed begins its two-day policy meeting Tuesday before announcing its interest rate decision on Wednesday. Crypto traders are in a "cautious mood" ahead of the meeting, Saxo Bank analysts say in a note. The market is widely expecting the Fed to leave rates unchanged but will be looking for any hints on whether it will respond to recent concerns about slowing U.S. growth with further rate cuts in future. Bitcoin falls 0.9% to $83,172, according to LSEG. ([email protected])