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.