FOMC in focus: Fed neutral and rebound in crypto or risk of correction on breaking $105k?
The crypto market is on the verge of a breakout: as the Bitcoin price struggles to hold 105.000 USD, all eyes are on the upcoming FOMC meeting. The outcome? It could fuel a bullish wave... or accelerate a sharp correction.
This June 18, the Federal Open Market Committee (FOMC) will announce its decision on interest rates. With inflation in moderate decline and the labor market still strong, the betting is divided: will they maintain the current pause or open the door to future cuts?
Traditional markets - and the crypto ecosystem - are in โtense wait-and-seeโ mode. Bitcoin's price has oscillated in a narrow range between 103k and 106k, while Ethereum and other tokens show mixed signals.
If the Fed maintains its current policy (neutral with no cuts), it could give the green light to a controlled rebound in risk assets like BTC and tech stocks.
But if the tone is more hawkish than expected, or a cut in 2025 is completely ruled out, we could see an abrupt correction, especially if Bitcoin loses 105k hard.
Bitcoin has been called a โdigital store of value,โ but its recent behavior remains tied to the whims of the Fed. If it were truly independent of the system, why is each FOMC still so deterministic?
Perhaps the market hasn't matured yet. Or perhaps the decentralized narrative still needs to divorce itself from traditional stimulus.
Will the FOMC pave the way for a new crypto rally or usher in a bearish summer?
๐ What are you expecting this June 18?
