🚨 TOMORROW WILL BE VERY IMPORTANT FOR CRYPTO!
Tomorrow, at 2 PM (UTC), the FOMC will announce its interest rate decision. The market is almost certain that the Fed will keep rates unchanged, but the key point will be Jerome Powell's speech 30 minutes later.
Since the last meeting, the situation has changed:
Inflation has significantly decreased
GDP has dropped to negative levels
This could prompt Powell to signal a dovish stance, positive for risky assets like Bitcoin ($BTC BTC), ($ETH ETH) and Altcoin, particularly potentially triggering a major reversal of ($XRP XRP).
Additionally, the market expects the Fed to announce the end of the quantitative tightening (QT) program that began in 2022, a move very favorable for crypto.
📌 Prepare for a day of high volatility!
