#FOMCMeeting

#FOMCMeeting is an important agenda that is routinely awaited by market participants, including cryptocurrency traders. In this meeting, The Fed (Federal Reserve) discusses interest rate policies that greatly influence the direction of the global market. If The Fed decides to raise interest rates, typically the value of the US dollar strengthens and the cryptocurrency market tends to weaken as investors shift assets to safer instruments. Conversely, if interest rates are held steady or lowered, the cryptocurrency market could experience strengthening. Therefore, traders must carefully read the results and projections of the FOMC to determine entry or exit strategies. Market sentiment can change rapidly just because of one statement from the chair of The Fed. That is why, following #FOMCMeeting becomes mandatory for anyone serious about trading, especially to keep risks and opportunities balanced.