#FOMCMeeting
The FOMC meeting is live - markets are on fire! 🔥📈
The Federal Reserve's FOMC meeting starts today, June 17, and cryptos are turning bullish despite expectations of steady interest rates. Here's what's happening:
- High odds of no rate change, but traders are focusing on momentum and liquidity inflows.
- Bitcoin, Ethereum, and others see increased demand from ETFs and whale accumulation.
Why is this bullish?
- No rate hikes mean no negative shocks for risk assets like crypto.
- Predictability boosts markets, and big players are front-running potential dovish tones or future rate cuts.
Prediction and strategy:
If the Fed holds steady and hints at 2025 rate cuts:
- Bitcoin might break resistance, and altcoins could follow.
- XRP, SOL, and ETH might see double-digit moves soon.
- Expect short-term volatility, but the trend looks up.
Jerome Powell's tone is key - any dovish signal could fuel the bull run! 🚀 #FOMCMeeting