Bitcoin Nearing $112K: Fed Decision to Drive Market Rally or Consolidation?

With the global economy facing uncertainties, the Federal Reserve’s upcoming decision on June 18th is expected to significantly impact the crypto market. While a potential surprise rate cut could propel Bitcoin towards record highs, analysts remain cautious about predicting the exact outcome. The current price of Bitcoin fluctuates near $112,000, but this level remains fragile due to ongoing economic and political factors.