#FOMCMeeting

At the FOMC meeting today, investors expect to hear the new verdict regarding interest rates. However, many believe that the Federal Reserve is likely to leave them unchanged, at least for June. The next meeting is scheduled for July 29-30. Crypto analyst Michael van de Poppe tweeted that it is normal for the Bitcoin price to tumble one or two days before a new FOMC meeting, and this is a good chance to buy the dip. On Tuesday, Bitcoin plunged by 4.82%, hitting $103,590. By now it has managed to regain 1.78%, but then went down another 1%, and is currently changing hands at $104,400.