Attention, crypto investors! The FED is preparing to decide the fate of the markets
What is the FOMC and why should you care?
This Wednesday, the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve will decide whether to raise, lower, or maintain interest rates. And yes, even though it sounds distant from the decentralized world, cryptocurrencies tremble every time Powell speaks.
Why does it matter for crypto? High rates = less liquidity = bearish pressure. Stable or declining rates = more risk = more interest in assets like BTC and ETH. The narrative of 'crypto as a refuge' is tested every time the FED acts.
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