FOMC Decision Could Spark the Next Big Crypto Move
All eyes are on today’s FOMC meeting, with the rate decision set for 2:00 PM ET followed by Jerome Powell’s press conference at 2:30 PM ET.
Markets expect a 25 bps rate cut, but the real story lies in the Fed’s tone. If Powell signals more easing or hints at slowing quantitative tightening, liquidity could flow back into risk assets — pushing Bitcoin toward $120K and lifting altcoins.
However, a cautious or hawkish stance could trigger a short-term pullback, with BTC potentially dipping toward $104K–$111K support. Traders are advised to stay alert; volatility is almost guaranteed during the announcement window.
With macro catalysts in play, the FOMC outcome may define the crypto market’s direction for the coming weeks.
