📊 FOMC Decision Day – Crypto Braces for Impact
🕒 Big volatility expected as the U.S. Federal Reserve releases its FOMC minutes today.
Here’s what’s happening:
📉 If Powell stays hawkish ➡️ market may dip
📈 If he signals dovish (rate cuts ahead) ➡️ crypto could rally
🔍 Currently, Bitcoin is holding around $109K and ETH is eyeing $2,700+
💸 On-chain data shows whales are accumulating — a bullish signal
⚠️ But some short-term sell pressure may follow if the Fed stays cautious
📈 Our Take: Expect spikes in both directions, but outlook favors a mild upside if Powell softens tone
🎯 Watch BTC and ETH closely during the FOMC press conference