💥$670 Million Liquidated In Crypto As Traders Await Fed Guidance At FOMC💥

Major liquidations ensued across the broader crypto market before FOMC with the Fed likely to keep interest rates unchanged.

🚀Long STORY short🔆💠

🔔FOMC's likely delay in rate cuts haunts crypto markets with BTC testing $60,000.

❌Massive liquidations ensued across the crypto market as BTC and altcoins tanked heavily.

⚠️Considering the persistent inflation, the Fed is likely to keep interest rates unchanged.

💥 As for the upcoming Federal Open Market Committee (FOMC) meeting, the Federal Reserve is most likely to refrain from indicating an immediate rate cut. Instead, it will prioritize its attention on persistent inflation rates while monitoring the gradual increase in unemployment figures. Interest rates are anticipated to remain within the range of 5.25% to 5.5%, marking a two-decade high initially reached in July12. 📉🔍💰#HotTrends #ETFsApproval #fomcmeeting #memecoin‬⁩ $BTC $SOL $ETH #WIF