The Federal Reserve Under the Microscope: Will the August 20 Meeting Propel Crypto to Surge or Collapse?

The market is awaiting the Federal Open Market Committee meeting on August 20, where the CME FedWatch tool shows an 83% probability of a 25 basis point rate cut.

Bitcoin is trading near 115,753$ and Ethereum at $4,290, leaving room for sharp movements.

• Rate cut = liquidity influx and increased optimism for cryptocurrencies.

• Holding or tightening policy = strong selling pressure and sharp volatility.

• Attention is also on Powell's speech in Jackson Hole, which may determine expectations for the September meeting.