Cryptocurrencies started the week uncertainly. Bitcoin is at a strong level of $94,000. Altcoins are at a low point.
On Wednesday, the FED will announce its interest rate decision. The expectation is that the rate will remain unchanged. Will Powell surprise us by cutting the rate? Even if Powell does not lower the rate, he will make statements that will meet market expectations.
With the opening of the US markets, FED interest rate expectations will be priced in. We have entered a week where we expect an increase in $BTC and altcoins. Wednesday will be critical.
#Bitcoin #Altcoins #Cryptocurrency