Tomorrow at 2 PM UTC, the FOMC rate decision will be released — and it’s shaping up to be a very volatile day for the markets.
At this point, it's almost certain that we won’t see a rate cut, and markets have already priced that in. But the real game-changer could be what comes 30 minutes later — Fed Chair Powell’s press conference.
Here’s why this matters:
Since the last FOMC, inflation has cooled, and GDP has slipped into negative territory.
These are exactly the kind of signals that could push Powell to adopt a dovish tone — which would be very bullish for risk-on assets like crypto.
There’s also growing speculation that the Fed might announce an end to Quantitative Tightening (QT) — a policy that’s been in place since 2022.
If the Fed signals a bullish shift, we could see a strong altcoin reversal and renewed momentum across the crypto market.
Stay sharp. Big moves could be just around the corner.
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