#FOMCMeeting The FOMC Meeting strongly influences the crypto markets. During these meetings, the American Federal Reserve adjusts interest rates to control inflation and support the economy. An increase in rates can lead to a drop in Bitcoin and altcoins, as investors flee risky assets. Conversely, maintaining or lowering rates encourages risk-taking, promoting the rise of cryptocurrencies. Traders on Binance must closely monitor these decisions to adjust their strategy. Anticipating the FOMC means understanding global economic signals.
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