The Federal Reserve just finished its meeting and announced their interest rate decision along with their little notebook predictions for the future economy. This thing has a huge impact on our crypto space. To put it simply:

Interest rate hike or hawkish stance: Bad news! The dollar is worth more now, and money is flowing back to buy U.S. Treasuries. Who would still play with high-risk Bitcoin or Ethereum? Bitcoin often drops along with the U.S. stock market. Think about 2022; it was brutal, BTC took a direct hit, dropping nearly 80%! Those nights of receiving liquidation text messages, who understands!