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Bitcoin's dominance soared to a four-year high ahead of the FOMC meeting, and analysts warned of severe fluctuations "

Internet reports that before the Federal Reserve's Open Market Committee (FOMC) meeting, Bitcoin's dominance exceeded 65%, setting a new high since January 2021, indicating a strong risk aversion among funds. Analyst Joel Kruger believes the market is waiting for key catalysts such as the FOMC decision. Vetle Lunde, head of research at K33, predicts that given Bitcoin's recent extremely low volatility, significant price fluctuations may occur after the FOMC meeting. He pointed out that the current negative perpetual contract funding rates may provide investors with buying opportunities.

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