Price of Bitcoin hardly moves as investors anticipate interest rate announcement

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By Darren Parkin Bitcoin continues to weave sideways along the $17,000 line, which has proven to be a key resistance level over the last few weeks. The leading crypto by market cap is trading at $16,965 this morning, down 1.18% over 24 hours and down 2% in the last week. Ethereum has followed Bitcoin, and is down 1.5%. Investors will be watching the latest interest rate announcements to be delivered by the Federal Reserve tomorrow. Experts say the drawdown in markets may be due to investors pre-empting news of another rate hike. Friday’s Crypto AM Daily in association with LunoIn the marketsTh…