PANews reported on February 20 that according to TheBlock, Bitcoin has seen a slight increase in the past 24 hours, with a total market value of slightly more than $3.3 trillion, as investors digested the Federal Reserve's cautious stance on inflation and interest rate policies. Iliya Kalchev, an analyst at Nexo Dispatch, said: "Market participants should pay close attention to the Fed's policy direction, as these events may affect liquidity and investor sentiment, as whether Bitcoin can maintain the $92,500 support level is crucial to determining its recent trend."
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