#FedWatc
FedWatch is an analytical tool provided by the CME Group platform to track market expectations regarding the decisions of the U.S. Federal Reserve on interest rates. It is used by traders and investors to predict whether the Fed will raise or lower interest rates, which impacts the stock and cryptocurrency markets, including Bitcoin (BTC).
Why is it important?
Rising interest rates = declining prices of risky assets such as cryptocurrencies.
Lowering interest rates = increased investor appetite for digital assets.