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How FOMC Meetings Impact the Crypto Market on Binance

The Federal Open Market Committee (FOMC) meetings are pivotal events for both traditional and digital markets. When the Federal Reserve announces interest rate changes or new monetary policies, the impact is felt across various sectors, including cryptocurrencies like Bitcoin and Ethereum. A rate hike typically leads investors to favor traditional assets, which reduces liquidity in the crypto market. Conversely, a dovish stance can boost demand for digital assets, causing a surge in their prices. On Binance, traders can leverage this knowledge by staying updated with real-time news, utilizing advanced technical analysis, and using futures to protect against volatility.

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