🚨 The Fed meeting begins – and the markets are on fire! 📈🔥
🗓️ The Open Market Committee (FOMC) meeting starts today, June 17, and notably, the crypto market is turning bullish despite expectations of no change in interest rates.
💡 What's the reason?
Expectations indicate interest rates will remain unchanged, with no hikes or cuts.
But traders are focusing on momentum and liquidity flows, not monetary policy.
There is strong demand for ETFs with whale accumulation.
🤔 Why is this bullish?
Stability means no negative shocks for risky assets.
Markets prefer stability.
Major investors are betting on a dovish tone in the future.
📈 Expectation:
If Powell hints at future cuts, Bitcoin may break resistance, followed by strong moves in altcoins like ETH, SOL, and XRP.