Crypto and Gold Weakened After FOMC

A red flag was struck in the market when Powell said "Good Afternoon" and affirmed that the FED was not certain to cut interest rates at the December meeting.

After a shocking drop, US stocks quickly regained their old level thanks to Nvidia's stock rising sharply after President Trump revealed that he might mention Nvidia's Blackwell AI processor in the meeting with the Chinese President.

Meanwhile, crypto and gold showed more weakness. BTC retreated to $110K, ETH to $3K9, the market sentiment index dropped to 34 - "fear".

BTC

105,839.06

+2.11%

ETHUSDT

Perp

3,538

+0.62%