$BTC If the US Federal Reserve leaves interest rates unchanged tomorrow, this could have the following consequences for the crypto market:
1. Maintaining the current trend
If the market has already priced in the absence of rate changes, there may not be a significant impact. Bitcoin and other cryptocurrencies will continue to follow their technical patterns and macroeconomic trends.
2. Positive signal for risky assets
Stock markets and cryptocurrencies typically respond positively to the absence of rate hikes, as this means that financing conditions will not tighten. Investors can invest more actively in risk assets, including crypto.
3. Waiting for future rate cuts
If the market interprets the Fed's decision as a signal for future rate cuts, crypto assets could receive additional momentum for growth. Cheaper loans and higher liquidity often contribute to rising prices for Bitcoin and altcoins.
4. Dollar reaction
If interest rates remain unchanged but the Fed hints at easing, the dollar could weaken. This usually supports the crypto market, as Bitcoin is an alternative asset to fiat currencies.
5. The impact of the Fed chairman's statements
Even if the rate does not change, it is important what exactly Jerome Powell says. If he states that the rate will remain high for a long time, this could negatively affect the cryptocurrency. If he hints at possible decreases, the crypto market could grow.
Conclusion
If interest rates remain unchanged, the cryptocurrency market is likely to see neutral or moderately positive momentum. But the key factor will be not only the decision, but also the Fed's rhetoric regarding future policy.
