#FOMCMeeting

The Federal Open Market Committee (FOMC) meetings are closely watched by the cryptocurrency market due to their significant influence on broader financial conditions. Decisions regarding interest rates and monetary policy can trigger substantial volatility in crypto prices. Higher interest rates can make risk assets like Bitcoin and Ethereum less attractive compared to traditional investments like bonds, potentially leading to sell-offs.

Conversely, dovish signals from the FOMC, suggesting a pause or reversal of rate hikes, can boost crypto markets by increasing liquidity and risk appetite. Investors often analyze the FOMC's statements and press conferences for clues about future policy directions, using this information to inform their trading strategies. The interconnectedness of global finance means that the FOMC's actions resonate across all asset classes, making it a crucial event for crypto traders and investors in India and worldwide.