#FOMCMeeting

The Fed will decide on interest rates: what will this mean for Bitcoin (BTC)?

The next decision on interest rates by the Federal Reserve (Fed) will be announced on Wednesday, June 18 at 2:00 PM (Eastern Time).

The cryptocurrency market, like the traditional stock market, maintains a strong correlation with U.S. fiscal policy, so any unexpected announcement could have a significant impact.

FOMC Meeting: June 17 and 18

The U.S. Federal Reserve is meeting today and tomorrow, and the markets are attentive to possible key announcements regarding its fiscal stance.

Most analysts agree that the agency will keep rates unchanged, despite growing political pressure against its chairman, Jerome Powell.

Acting President, Donald Trump, has launched several criticisms in recent weeks, insisting that it is time to lower interest rates, citing the recent decision by the European Central Bank to cut them again as a reference.

This view also seems to be reflected in Polymarket, the world's largest prediction market.

According to Polymarket traders, the probability that the Fed will lower rates this Wednesday is just 1%. The next meeting is scheduled for July 29 and 30, followed by the first fall meeting on September 16 and 17. In this latter case, bettors estimate a 19% chance of a 25 basis point reduction in July, a figure that rises to 41% for September.

What does this mean for Bitcoin and the crypto market?

Bitcoin has risen approximately 1.6% in the last 30 days. At first glance, this could indicate that investors are aligned with market expectations and are waiting for a more definitive signal from the Fed. However, upon analyzing the charts more closely, there is marked volatility in the asset's sideways movements during this period.