Bitcoin price nears $90,000 again as Fed decision looms and ETF flows flip
Bitcoin rose 1.6% to $89,075 Wednesday, rebounding from an intraday low of $87,271 after briefly topping $90,000. U.S. spot bitcoin ETFs saw a $147.4 million net outflow Tuesday, reversing Monday’s inflow. Traders focused on the Federal Reserve’s rate decision and Chair Jerome Powell’s remarks set for later in the day. Ether gained 2.9% to $2,998.