2 hours ago
Bitcoin and Ethereum Traders on Edge: Here’s What to Expect From Fed’s FOMC Meeting Today
TLDR: Powell’s FOMC speech could guide Bitcoin and Ethereum price action as traders wait for clarity on rate cuts. Crypto investors expect dovish remarks as labor market weakens, boosting odds of another cut later this year. Hawkish signals on inflation could trigger sell pressure across risk assets including Bitcoin and Ethereum. Traders focus on GDP [...]
The post Bitcoin and Ethereum Traders on Edge: Here’s What to Expect From Fed’s FOMC Meeting Today appeared first on Blockonomi.
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