🚨#FOMCMeeting Alert: What Crypto Traders Need to Know 🚨

The Fed just wrapped its latest meeting, keeping rates steady at 5.25%-5.50% amid cooling inflation. But don’t relax yet—Powell stressed “data dependency” and ruled out early rate cuts until inflation nears 2%. Markets are pricing in 1-2 cuts in 2024, but timing remains uncertain.

Why Crypto Watches:

Higher rates = stronger USD, risk-asset pressure. Dovish hints could fuel Bitcoin/altcoin rallies. Watch the **dot plot** and QT taper clues—liquidity shifts impact crypto volatility.

Bottom Line: Expect choppy markets until the Fed’s path clears. Trade carefully, and keep an eye on CPI/PCE data! 📉📈

#Bitcoin #Crypto #Fed #BinanceSquare