web3notes
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JUST IN: $920,000,000,000 liquidated from the cryptocurrency market in the past 24 hours.
From J. Powell Speach today i can predict recession coming in 2025… it was the last exit from crypto and 2025 is going to be bearish…
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BUY VOXEL: 0.188 - 0.195
TP1: 0.203
Tp2-0.213
Tp3-0.276
SL - 0.169
$VOXEL
DYOR
Short term signal
TP1: 0.203
Tp2-0.213
Tp3-0.276
SL - 0.169
$VOXEL
DYOR
Short term signal
**Short Summary of the FOMC**
The June 2024 FOMC meeting resulted in maintaining the federal funds rate at 5.25% - 5.50%.
Key points include:
- **Rate Decision:** The federal funds rate remains unchanged for the sixth consecutive meeting
- **Economic Growth:** The economy continues to grow solidly with strong job gains, although inflation remains high (Home).
- **Inflation and Projections:** Inflation has eased but is still above the 2% target. The FOMC slightly increased its 2024 core PCE inflation projection to 2.7% (
- **Future Rate Cuts:** The FOMC signaled fewer rate cuts this year, adjusting expectations from 75 to 50 basis points
- **Balance Sheet Reduction:** Starting in June, the pace of reducing U.S. Treasury securities will slow from $60 billion to $25 billion per month.
Overall, the FOMC's decision to keep interest rates steady, combined with a cautious approach to economic developments, is likely to be bullish for the cryptocurrency market. Investors seeking alternative assets to hedge against inflation and benefit from stable monetary policy might increase their exposure to cryptocurrencies, driving up prices and market activity.
The June 2024 FOMC meeting resulted in maintaining the federal funds rate at 5.25% - 5.50%.
Key points include:
- **Rate Decision:** The federal funds rate remains unchanged for the sixth consecutive meeting
- **Economic Growth:** The economy continues to grow solidly with strong job gains, although inflation remains high (Home).
- **Inflation and Projections:** Inflation has eased but is still above the 2% target. The FOMC slightly increased its 2024 core PCE inflation projection to 2.7% (
- **Future Rate Cuts:** The FOMC signaled fewer rate cuts this year, adjusting expectations from 75 to 50 basis points
- **Balance Sheet Reduction:** Starting in June, the pace of reducing U.S. Treasury securities will slow from $60 billion to $25 billion per month.
Overall, the FOMC's decision to keep interest rates steady, combined with a cautious approach to economic developments, is likely to be bullish for the cryptocurrency market. Investors seeking alternative assets to hedge against inflation and benefit from stable monetary policy might increase their exposure to cryptocurrencies, driving up prices and market activity.
I am filling my bag with #MATIC✅.
It will be 100% profit in next 2 months.. its my own research, DYOR
It will be 100% profit in next 2 months.. its my own research, DYOR
$300 millions are liquidated in last few hours..
Told you guys to avoid futures..
Follow for more
Told you guys to avoid futures..
Follow for more
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