How do you expect the crypto market to react to the Fed inte | Inkchain on Binance Square

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How do you expect the crypto market to react to the Fed interest rate decision and FOMC press conference?
 
#altcoins #BTCFOMCWatch #BTC 

Crypto rally

54%

Crypto crash

23%

Choppy (Mixed reaction)

23%

22 votes • Voting closed

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Lower CPI Sparks Crypto Rally: What to Expect from Today's Fed Announcement

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Today, the FED interest rates decision will be announced at the start of the New York PM session. Many large banks and investors are betting on a higher for longer till September atleast. Much as there's a low prediction of a rates-cut, its still remains a possibility. check out our recent post on how such an announcement shapes the fate of cryptocurrencies. Be sure to check our profile or use the link below to access the article as the clock counts down, follow for more. #BTCFOMCWatch #TopCoinsJune2024 #altcoins https://app.binance.com/uni-qr/cart/9243945556033?r=570987811&l=en&uco=v4PonOekpkK6zXdMsIRtRA&uc=app_square_share_link&us=copylink

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Fed Watch: How interest rates decision shape the fate of cryptocurrencies.

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Ethereum ($ETH ) is gaining momentum with the recent approval of multiple Ethereum ETFs by the SEC, bringing it closer to mainstream adoption. This move aligns Ethereum more with traditional commodities and has boosted investor confidence. Additionally, upgrades like the shift to Proof-of-Stake and regulatory clarity are set to enhance its ecosystem. The increasing number of users and innovative applications further underscore its potential for significant growth. $ETH Could see a long term rally despite the dip #ETHETFsApproved #altcoins #TopCoinsJune2024

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Despite its recent dip, Worldcoin's ($WLD ) innovative approach to global digital identity and financial inclusion makes it a strong long-term investment. Buying now could be like getting Bitcoin early, as its potential for growth and impact remains immense. #Worldcoin #CryptoInvesting💰📈📊 #BuytheDips

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