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Bitcoin Slipped Below $28K Ahead of FOMC Meeting: Market Watch

Bitcoin’s price took another turn for the worse in the past 24 hours by plummeting below $28,000. The altcoins are in no better shape, as even yesterday’s notable gainer – BNB – has turned red on Tuesday. Bitcoin (BTC) experienced massive volatility last week that drove it from $27,000 to a multi-day high of $30,000 in hours. The worsening troubles of First Republic, though, seemed to have pushed the cryptocurrency north again, and BTC came up knocking on $30,000’s door once more. Despite recovering some ground since then, bitcoin still trades in the red on a daily scale, just ahead of the next FOMC meeting.

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