Fed meeting to boost Bitcoin price ‘sharply higher’ than $92,000, analysts say

The upcoming Federal Reserve meeting will trigger Bitcoin’s price to surge dramatically after it breached $92,000 on Monday, analysts say. A Fed decision on Wednesday to inject more money into the banking system will send the $1.8 trillion crypto “sharply higher,” analysts David Brickell and Chris Mills of the London Crypto Club said in their weekly newsletter. They predict “a dovish surprise” where the Fed indirectly increases money supply through a creative bond-buying scheme. “Now, we’re moving into ...