$BTC FOMC Upcoming – What’s Next for BTC on Binance?
The Federal Reserve will announce its interest rate decision today at 2 PM ET, with Chairman Jerome Powell's press conference following at 2:30 PM ET. The market widely expects that interest rates will remain stable 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 push BTC toward the $100K mark, while a hawkish tone may see it drop to the $91.5K–$92K range.
The market is holding its breath ahead of the latest FOMC meeting. Traders on Binance, what do you think?
What will BTC do after the announcement?
1. Pump – A bullish reaction will come
2. Drop – Fed hawkish, BTC bearish
3. Sideways – No major movement
Vote below and let’s see what the Binance community thinks.