🚨Alert🚨 Breaking News⚠️⚠️⚠️⚠️:
The U.S. Federal Reserve (Fed) is set to announce its interest rate decision, and while a 25 basis point rate increase is expected, the real question is whether this marks the end of a tightening cycle that began 16 months ago. Fed Chairman Jerome Powell will hold a press conference after the announcement, and most economists anticipate this to be the last hike for a while¹. However, some crypto observers suggest that another hike may follow due to persistent inflation. Keep in mind that rate hikes can impact risk assets, including cryptocurrencies. So, investors should stay vigilant and consider their strategies carefully¹. Additionally, the recent drop in Bitcoin supply at exchanges and hints from Powell about a possible September rate hike add to the complexity of the situation³. As for the bull or bear market, it's a hot topic, and everyone wants to know where we stand. Remember, crypto investment involves risk, but it also offers rewards—finding that balance is key! 📈
