The almost 4% decline in the price of bitcoin on January 30 is due to a reduction in risk appetite ahead of the upcoming Fed meeting on Wednesday. There is no significant activity in the context of position insurance through options, Blofin Academy noted. 1/6. BTC was dipping at $22.7k before the upcoming FOMC meeting on Thursday, down more than 4% over the past 24 hours and well off its high Sunday near $24,000. The rise in investor risk aversion is one of the important reasons for the price drop. pic.twitter.com/dcGvNdxwer — Blofin Academy (@Blofin_Official) January 31, 2023 Analysts pointed
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Author: NixCoin