In the face of macroeconomic risks, the current crypto bull cycle is facing significant hurdles. Crypto prices are experiencing a severe downturn as the Federal Open Market Committee (FOMC) meeting is scheduled for Wednesday. This meeting, which plays a crucial role in setting monetary policy, is causing apprehension among crypto investors. The potential for policy shifts can lead to market volatility, impacting the value of cryptocurrencies. This underscores the interconnectedness of traditional financial markets and the crypto sector. As such, it is imperative for crypto investors to keep a close eye on macroeconomic developments.