Bitcoin Price Dips Below 88k As Analysis Blames Fomc Nerves 2025
Bitcoin saw snap downside toward the weekly close with $87,000 back on the radar ahead of an important Federal Reserve interest-rate decision.
Bitcoin (BTC) fell below $88,000 into Sunday’s weekly close as traders eyed weakness into a major US macro event.
Bitcoin sees snap volatility into the weekly close, dipping close to $87,000.
Traders expect weaker BTC price action into the Fed interest-rate decision.
Data from Cointelegraph Markets Pro and TradingView showed BTC price volatility returning, with BTC/USD losing $2,000 over two hourly candles.
The move ended an uneventful weekend, and opened the door to a potential new “gap” forming on CME Group’s Bitcoin futures markets. As Cointelegraph reported, price tends to “fill” such gaps quickly once the new macro trading week begins.
“In 6 months, we have filled every single CME gap,” trader Killa noted in part of commentary on X.
In a separate post, Killa added that Mondays often formed the basis for price action for the rest of the week.
“Mondays are typically when pivot highs and lows form with weekend price action being a deciding factor,” he explained.
Market participants meanwhile were broadly focused on the key macroeconomic topic of the week: the US Federal Reserve’s decision on interest-rate changes.
Source: CoinTelegraph