FOMC Incoming – What’s Next for BTC on Binance?
The Federal Reserve is set to announce its interest rate decision today at 2 PM ET, with Chair Jerome Powell's press conference following at 2:30 PM ET. Markets widely anticipate that rates will remain steady at 4.25%–4.50%, but all eyes are on Powell's tone and guidance.
Bitcoin is currently trading near $97,000, showing resilience ahead of the announcement. Analysts suggest that a dovish stance from Powell could propel BTC toward the $100K mark, while a hawkish tone might see it dip to the $91.5K–$92K range.
The market is holding its breath ahead of the latest FOMC meeting. Traders on Binance, what’s your call?
What will BTC do after the announcement?
1. Pump – Bullish reaction incoming
2. Dump – Hawkish Fed, bearish BTC
3. Sideways – No major move
Vote below and let’s see what the Binance community thinks
