Bitcoin Eyes Fed Meeting After Biggest Monthly Price Gain Since December 2020

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“Bitcoin bullish sentiment remains at fever-pitch, highlighted by NFT. NYC [the annual non-fungible token event] whipping the financial capital into a frenzy,” Jehan Chu, managing companion at Hong Kong-based Kenetic Capital, instructed CoinDesk in a WhatsApp chat. “[However], if public markets falter on the back of Fed bond purchase tapering, BTC could be dragged into a small correction after breaching all-time highs last week.”