Bitcoin price threatens $28K support as pre-FOMC mood boosts US dollar By Cointelegraph

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(BTC) headed toward $28,000 support after the May 1 Wall Street open as markets digested fresh United States banking jitters.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to multi-day lows at the time of writing.

Fed target rate probabilities chart. Source: CME Group (NASDAQ:)

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