Bitcoin continues to trade below $90,000 as the Federal Reserve delivered the expected interest rate hold.

Notable Statistics:

Coinglass data shows 90,316 traders were liquidated in the past 24 hours for $281.97 million.       

In the past 24 hours, gainers include Hyperliquid, DoubleZero and Canton.

Notable Developments:

Trader Notes: Trader Michael van de Poppe noted that the Fed holding rates steady isn’t the key takeaway.

Focus now shifts to forward guidance, QE expectations, overnight repo operations, and developments around the Japanese yen.

Powell’s upcoming speech is expected to be more market-moving than the rate decision itself.

Trader KillaXBT said Bitcoin’s structure…

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