🔥ATTENTIVE🔥
In recent hours, BlackRock has purchased another 5,613 BTC worth 535 million 🤯💸
Accumulating a total of 41,452 $BTC (3.92 billion dollars) in the last two weeks 👀
Wall Street is back in action ⏳
☄️TOMORROW WILL BE A VERY VOLATILE DAY FOR CRYPTO 🚨
TOMORROW AT 2 PM UTC, THE FOMC DECISION ON INTEREST RATE CUTS WILL BE PUBLISHED.
AT THIS MOMENT, IT IS ALMOST CERTAIN THAT THERE WILL BE NO INTEREST RATE CUT, AND MARKETS HAVE FACTORED THIS INTO THE DISCOUNTS.
BUT THERE IS ONE THING THAT WILL BE THE MOST IMPORTANT.
POWELL'S PRESS CONFERENCE WILL TAKE PLACE 30 MINUTES AFTER THE FOMC DECISION.
SINCE THE LAST FOMC MEETING, INFLATION HAS DECREASED WHILE GDP HAS TURNED NEGATIVE.
BOTH OF THESE FACTORS COULD PUSH POWELL TO ADOPT A MODERATE STANCE, WHICH IS VERY ENCOURAGING FOR RISK ASSETS.
I BELIEVE THE FED COULD ALSO ANNOUNCE THE END OF QUANTITATIVE INTEREST RATES, WHICH HAS BEEN IN PLACE SINCE 2022.
OVERALL, IF THE FED SHOWS OPTIMISM REGARDING MARKETS, A REVERSAL OF ALCOINS COULD OCCUR.
