What the Latest #FOMCMeeting Means for Bitcoin & Crypto Markets
The Federal Reserve just concluded its latest #FOMCMeeting , and as expected, interest rates remained unchanged. But here's what matters:
1. Fed's tone is slightly hawkish – inflation is still a concern.
2. No immediate rate cuts, which means traditional markets may stay cautious.
3. Crypto market reaction? Bitcoin dipped slightly but is holding strong above key support levels.
What this means for you:
If rates stay high, risky assets like crypto may see short-term pressure.
Long-term, crypto remains attractive as an inflation hedge, especially Bitcoin.
I'm watching $BTC and $ETH closely over the next 48 hours. Expect volatility.
Stay updated and manage your risk wisely!