Bitcoin rallied above $90,000 as the US dollar index weakened, gold hit new highs and traders positioned ahead of today’s FOMC. Will a rate cut or pause extend the BTC and altcoin rally?
Key points:
Bitcoin is facing resistance at $90,500, but a positive sign is that the bulls have kept up the pressure.
Several major altcoins are attempting to start a recovery, but are expected to face selling at higher levels.
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