BTC Price Falls as Fed Meeting Begins

Bitcoin news today is all about big moves, and the timing could not be busier. BTC price today sits near $76K, a drop of 1.3% in the past 24 hours, based on CoinMarketCap data.

The wider crypto market today fell 1.27%, which shows the pressure is spread across many coins and not just centered on Bitcoin. This volatility shows the connection with the two major regulatory moves: Fed meeting beginning and the CLARITY Act draft.

BTC price: $76,870, down 1.33% in 24 hours

Wider crypto market: down 1.27% in the same period

Bitcoin liquidations: up 122.47% in a day to $79.83 million, as leveraged traders got forced out. Here, the funding rate is still positive but down 31.62%, showing limited momentum.