Bitcoin price retreats from $24,000 ahead of Fed rate meeting

Bitcoin price retreats from $24,000 ahead of Fed rate meeting

Representation of Bitcoin cryptocurrency is seen in this illustration photo taken in Krakow, Poland on January 29, 2023. (Photo by Jakub Porzycki/NurPhoto via Getty Images)

Bitcoin (BTC-USD) withdrew from a weekend high of close to $24,000, falling into the mid $23,000 zone as crypto investors cautiously await this week’s US Federal Reserve interest rate meeting.

Weekend buying pressure saw the crypto market turn optimistic ahead of Tuesday and Wednesday’s meetings of the Federal Open Market…


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