📊 FOMC Meeting Today & What It Means for Crypto #FOMCMeeting
The Federal Reserve's Federal Open Market Committee (FOMC) kicked off its June meeting today. Key takeaways:
Interest rates expected to stay steady between 4.25%–4.50%, with markets showing nearly 96% odds of no change .
U.S. Dollar slipped to 3‑year lows, as May CPI cooled to 2.4%—weakening real yields and setting the scene for a potential dovish tone from Chair Powell .
Oil volatility from Middle East tensions may pressure inflation, influencing the Fed's stance. Traders are watching if Powell signals concern at the post-meeting press conference .
🔍 What crypto traders should focus on tomorrow:
If the Fed holds rates and hints at cuts later, expect a crypto lift (risk-on rally).
A hawkish tone (no cuts/no end to QT) could trigger short-term weakness.
Market likely to react sharply to Powell’s tone—prepare for increased volatility.
💬 Your strategy? Will you:
🚀 Ride any dovish relief into BTC & altcoins?
🛑 Sit tight and wait for clarity?
Drop “🚀LONG” or “🛑WAIT” below and let’s decode this together!