FOMC Minutes Sends Crypto Markets to Hold Their Breath
Today, the crypto community is glued to the release of the FOMC Minutes, sparking the rise of #FOMCMinutes in Trending. Traders know this isn’t just central bank policy—it's a crypto price trigger.
Why it matters:
Policy Precision Over Policy Change: The Fed is expected to keep rates steady at 4.25–4.50%. However, it’s Powell’s tone—dovish or hawkish—that traders believe will set the next price direction for Bitcoin and Ethereum.
Mega Volatility Ahead: Pre-release, BTC has traded between $115K–$118K and ETH near $3,775. On-chain data shows $173.8M in BTC long positions already liquidated—a clear sign of derisking before the minutes hit.
Twin Catalysts: Simultaneously, the White House is reportedly finalizing a crypto policy report that may include a strategic Bitcoin reserve—a move that could add fuel to the markets if announced today.
Crypto watchers are divided. Some expect Powell’s soft words to ignite a massive buying spree across altcoins and DeFi tokens. Others warn that even a hint of hawkishness could provoke a cascade of stops and liquidation cascades.
Today’s FOMC Minutes are more than commentary—they’re a moment of truth for markets built on anticipation.
#FOMCMinutes #Bitcoin #Ethereum #CryptoVolatility #FedWatch $BTC