The FOMC (Federal Open Market Committee) meeting is a pivotal event that significantly impacts financial markets, including digital currencies. During this meeting, the U.S. Federal Reserve discusses monetary policies and interest rates, which directly reflects on market movements. When the Fed hints at raising interest rates, the demand for high-risk assets like Bitcoin declines, and vice versa.

Investors in digital currencies anticipate the outcomes of FOMC meetings to analyze the upcoming market trend. If the committee shows a tendency towards monetary easing, digital currencies often rise. However, if tightening and interest rate increases are indicated, it may lead to waves of selling. Therefore, understanding the results of this meeting is essential for every digital currency trader.

Source:

Federal Reserve - FOMC

CoinDesk | FOMC Crypto Analysis