Bitcoin Rises Slightly as Investors Digest Fed's Inflation Fears

Feb. 20 (Bloomberg) -- Bitcoin has risen slightly over the past 24 hours to a total market capitalisation of just over $3.3 trillion as investors digest the Federal Reserve's cautious stance on inflation and interest rate policy, according to TheBlock. ‘Market participants should pay close attention to the Fed's policy direction, as these events may affect liquidity and investor sentiment, as the ability of Bitcoin to maintain support at $92,500 will be important in determining the Fed's policy direction as these events could impact liquidity and investor sentiment, as Bitcoin's ability to maintain support at $92,500 will be critical in determining its near-term trend.’