In a critical update ahead of tomorrowâs Federal Reserve decision, financial giant BlackRock has forecasted that the Fed is unlikely to cut interest rates at this stage. With inflation still above the target range and macroeconomic signals mixed, the institution suggests that policymakers may adopt a wait-and-see approach rather than loosening monetary policy prematurely.
This projection is stirring concerns across the marketsâespecially in crypto futures, where volatility tends to spike during major economic announcements. If the Federal Reserve holds rates steady, we could witness a sharp correction in Bitcoin ($BTC) and other high-risk digital assets.
> "No rate cut could trigger a strong bearish move in crypto markets," analysts warn.
What Should Traders Do?
For traders currently holding leveraged positions, particularly in futures, risk management is crucial. Use tight stop-losses, review your exposure, and be prepared for sudden swings in both directions.
đ Key Reminder: The crypto market is highly reactive to macroeconomic news. With uncertainty in the air, itâs wise to stay alert, manage risk, and avoid over-leveraging.
The Fedâs decision is scheduled for tomorrow, July 30th â and all eyes are on Jerome Powell. One move (or lack thereof) could send ripples across traditional and digital markets alike.
