Bitcoin (BTC) is facing potential downward pressure ahead of the upcoming United States Federal Reserve interest rate decision on Sept. 18, after slipping below the crucial $60,000 support level. The pending decision may lead to heightened price volatility for the pioneer cryptocurrency, depending on the outcome. Bitfinex analysts shared with Cointelegraph: “Depending on whether the rate cut is 25 basis points or 50 basis points, market behavior could swing between bullish optimism and cautious de-risking in response to major macroeconomic adjustments. This expected volatility might be reflected in flows across ETFs and perpetual markets, which are likely to exhibit increased
