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BTC price weakness failed to resolve the day after FOMC, with Bitcoin liquidity grabs still the main talking point for traders.

Bitcoin (BTC) stayed lower at the Aug. 1 Wall Street open as crypto shrugged off fresh central bank interest rate cuts.

Data from Cointelegraph Markets Pro and TradingView showed BTC’s price lacking momentum after dropping 2.4% the day prior.

Downside persisted despite the United States Federal Reserve adopting a dovish tone at the latest meeting to decide on interest rate changes.

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