#FOMCMeeting
📢 #FOMCMeeting — What is its relation to cryptocurrency prices? 💰📉📈
As the date of the Federal Open Market Committee (FOMC) meeting approaches, the market begins to be in a state of great anticipation… Why?
Because the decisions made after this meeting — especially those related to interest rates — directly affect the strength of the dollar 💵, and consequently the crypto and stock markets!
🔍 When interest rates are raised:
⬆️ The dollar strengthens
⬇️ Risk appetite decreases (cryptocurrency prices might temporarily drop)
🔍 When interest rates are held steady or lowered:
⬇️ The dollar weakens
⬆️ Traders gradually regain confidence in assets like $BTC and $ETH
📌 Therefore, many professional traders wait for this event to make precise decisions!
⚠️ Note: Do not enter the market during news moments without a plan — the price can move sharply and unexpectedly!
Do you follow the impact of #FOMC meetings on your trades? Share your opinion with me 👇
