‼️#FOMCMeeting $BTC | Bitcoin is undergoing a healthy correction, and the crypto market as a whole is expected to remain within a slight correction in the short term. After the strong appreciation in recent months, the current movement is seen as natural and necessary for the relief of indicators and to regain momentum before new expansions.
For those who missed the live stream:
In the macro scenario, the Federal Reserve decided to keep interest rates stable, despite increasing political pressure, especially from Donald Trump, who has reinforced his pro-cut rhetoric to stimulate the economy. The decision divided the Fed board, with two directors voting against the maintenance, which has not happened in decades.
Jerome Powell emphasized that it is still early for any predictions about cuts in September, highlighting that the focus remains on controlling inflation. Even in the face of global economic uncertainties and trade tensions, the committee considers it prudent to wait for more data before making any moves. The inflationary risk still weighs heavily, which tends to keep markets in a waiting pattern, with lower appetite for risk assets in the very short term.
