Bitcoin Volatility Soars to 3.48% Ahead of Key Federal Reserve Interest Rate Decision

According to recent data from Coinglass, Bitcoin has experienced notable volatility in the past three days, witnessing a significant peak of 3.48%. This level of fluctuation marks its highest since September 2024, indicative of ongoing market challenges related to liquidity. The current dynamics highlight a cautious sentiment among traders as they await critical economic indicators. In particular, the Federal Reserve is scheduled to announce its interest rate decision at 2:00 AM Beijing Time on March 20th. Market analysts anticipate a sharp increase in Bitcoin’s price volatility surrounding this announcement, as investors react to potential shifts in monetary policy. As such, stakeholders should carefully monitor these developments, as they could significantly impact market conditions. Bitcoin‘s performance leading up to this announcement underscores the importance of staying informed in the fast-evolving landscape of cryptocurrency trading.