Federal Reserve Meeting Today: What It Means for Crypto 🚨
📅 December 18, 2024 – All eyes are on the Federal Reserve’s meeting today at 2:00 PM EST, where a potential 0.25% rate cut is expected. This decision could have a massive impact on the cryptocurrency market.
Why Does This Matter?
Interest rate cuts weaken the dollar, making riskier assets like cryptocurrencies more attractive. Historically, such announcements have led to market surges, but also heightened volatility.
Market Snapshot
$BTC : $104,784 (24H High: $108,062 | Low: $103,263)
$ETH : $3,951 (24H High: $4,025 | Low: $3,844)
$BNB : $723.21 (24H High: $730 | Low: $709)
What Could Happen?
1️⃣ A rate cut could spark a rally, pushing BTC toward $115,000 and ETH above $4,200.
2️⃣ No rate cut? Expect short-term dips, with BTC potentially retesting $100,000.
What to Watch For
Volatility around the announcement time (2:00 PM EST).
Reactions in both crypto and traditional markets, as traders reposition their portfolios.
💡 Key Insight: Whether it’s a rally or a dip, this moment offers opportunities. Are you ready to adapt to what’s next?
#FederalReserve #CryptoMarkets #BTC
