Bitcoinist - The upcoming FOMC meeting's anticipated interest rate cut could impact Bitcoin and other cryptocurrencies, but investors should stay vigilant as the market's reaction remains uncertain

in blockchain •  4 months ago 

https://bitcoinist.com/bitcoin-sell-the-news-event/
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Market participants are eagerly awaiting the FOMC meeting, as the anticipated interest rate cut could significantly impact Bitcoin and other cryptocurrencies.

Although a rate cut may provide favorable conditions for risky assets, there is speculation that the market has already priced in a smaller reduction, leading to potential sell-offs.

Investors should remain vigilant, as unpredictable market reactions could occur if expectations diverge from the actual rate decision.

Beware of unpredictable market!!

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