Bitcoin Market Awaits US GDP After Biggest Single-Day Gain in 6 Weeks

“Nice uptick on bitcoin after the FOMC raise rates by 75 bps, meeting expectations,” Secure Digital Markets, a Toronto-based digital assets brokerage, said in a Telegram-based research channel. “Technically, we are seeing a very clean breakout to the upside, which started ahead of the data, seeing institutions taking heavy positions on the back of a more dovish FED stance.”