#美联储FOMC会议 The Federal Reserve has just finished its meeting, announcing its interest rate decision and their small notebook forecast for the future economy. This thing has a huge impact on our cryptocurrency market. In simple terms:
Interest Rate Hike or Hawkish Stance: Negative! The dollar becomes more valuable, and money runs back to buy U.S. Treasuries. Who would still play high-risk Bitcoin or Ethereum? Bitcoin often drops along with U.S. stocks. Think about 2022, it was a disaster; BTC dropped nearly 80%! The nights of receiving liquidation messages at midnight, who understands that!
Interest Rate Cut or Dovish Stance: Positive! With the faucet opened wider, there’s more money with nowhere to go, it might come to speculate on cryptocurrencies! Historically, before and after interest rate cuts, Bitcoin often leads the charge, like that rebound earlier this year, how sweet it was!