#FOMCMeeting
The FOMC meeting's impact on crypto is significant, with rate decisions influencing market sentiment. Here's a breakdown ¹ ² ³:
- *Rate Cut Expectations*: There's a 63% chance of a 25bps rate cut in June 2025, which could boost crypto prices due to increased liquidity and risk appetite.
- *Market Reaction*: A rate cut could drive Bitcoin and Ethereum prices up, while no rate cut might lead to downward pressure, with Bitcoin potentially testing $60,000 support.
- *Crypto Market Outlook*: A dovish tone from the Fed could spark a rally, with Bitcoin targeting $100,000 and Ethereum approaching $2,000. A hawkish stance, however, might pressure risk assets like crypto.
The outcome depends on the Fed's decision and communication.