🏛 The Fed kept interest rates unchanged at 5.25–5.50%, as expected. However, Chairman Powell did not commit to a rate cut in September, leading to a decrease in market expectations (CME FedWatch: from 65% to 46%). Notably, for the first time in over 30 years, 2 Fed members voted for a rate cut, indicating internal division.
📉 Crypto market reaction:
• BTC is moving sideways around $118K–$120K, with no clear trend.
• ETH remains strong above $3,800, indicating continued institutional inflows.
• BNB was lightly sold below $585 due to concerns over legal pressure and a lack of new catalysts.
• SOL dropped to $172 due to weak inflows.
• PEPE and meme coins declined by 5–8%, due to a decrease in risk appetite.
🌐 The entire altcoin market saw a slight decrease in market capitalization of ~1.2%, reflecting a polarization of capital flows and a wait-and-see sentiment.
📊 Strategy:
• Prioritize observing BTC in the $116K–$120K range.
• Continue holding ETH.
• Altcoins: only hold coins with strong long-term trends like SOL, LINK, OP. Avoid FOMO on meme coins when liquidity is weak.
✅ Conclusion: The interest rate decision was not shocking, but the lack of a clear commitment from the Fed keeps large capital on the sidelines. Altcoins are more vulnerable if the market does not soon gain new momentum. #CryptoNewss #BTC #eth #bnb #altcoins