BTC price gains 12% post-FOMC while Bitcoin ignores $260M ETF outflows

Bitcoin wastes no time liquidating shorts as a BTC price rebound follows the latest Federal Reserve economic policy meeting.

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Bitcoin (BTC) stayed higher on March 21 after a snap rebound gave bulls 12% BTC price gains.

Data from Cointelegraph Markets Pro and TradingView showed consolidation in a narrow range after a dramatic comeback the day prior.

Bitcoin reacted positively to commentary from the United States Federal Reserve as it chose to hold interest rates at current levels.

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