What is its Impact on the Crypto World?
#FOMCMeeting is a regular meeting of the Federal Open Market Committee (FOMC), part of the Federal Reserve (the US central bank), which determines interest rate policies.
📆 The FOMC usually meets 8 times a year to evaluate economic conditions and determine whether interest rates should:
Increase 🔺
Decrease 🔻
Remain ⏸️
💥 Why is This Important for Crypto? The FOMC's decisions can have a significant impact on financial markets, including crypto:
1. Rising interest rates = Crypto could be under pressure
Investors tend to move to safer, higher-yielding assets (like bonds).
2. Falling interest rates = Crypto could strengthen
More "cheap" money in the market → interest in risky assets like Bitcoin increases.
3. FOMC Comments and Projections = Market sentiment changes drastically
Even if interest rates remain unchanged, statements from the Fed Chair can immediately shake crypto prices. 🧠📉📈
📊 Tips
• Pay attention to the date of #FOMCMeeting
• Be wary of high volatility during or after the announcement
• Use this moment to strategize, not panic