Do Federal Decisions Impact Bitcoin?

As the meeting of the Federal Open Market Committee (#fomcmeetingrecap ) approaches, anticipation is rising in the financial markets. The interest rate decisions made by the committee directly affect the US dollar, leading to an indirect impact on cryptocurrencies such as the BTC/USDT pair.

Raising interest rates often leads to a decrease in risk appetite among investors, which may cause a decline in the price of Bitcoin. Conversely, lowering interest rates may rejuvenate risky assets like cryptocurrencies.

Monitoring the Federal statement and analyzing Jerome Powell's tone can provide important indicators for upcoming market movements.

Do you expect the decision to be positive for Bitcoin? Share your opinion!