#FOMCMeeting

The last FOMC Meeting (Federal Reserve's monetary policy committee) had a strong impact on the markets. Jerome Powell reaffirmed that rates will remain high until inflation decreases sustainably.

This cools expectations of cuts in 2025 and affected the crypto market: Bitcoin and Ethereum reacted with slight declines, while the DXY (dollar index) strengthened.

Regulatory and monetary pressure continues to set the pulse of the crypto ecosystem.

Traders are now awaiting the next decision in July to project the direction of digital assets in the second half.