The Federal Meeting Begins – And Markets Ignite! 📈🔥
🗓️ The Federal 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 that interest rates will remain steady with no hikes or cuts.
However, traders are focusing on momentum and liquidity flow, not monetary policy.
There is strong demand for ETFs with whale accumulation.
🤔 Why is this considered 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 and alternative coins like ETH, SOL, and XRP could follow with strong moves.