Crypto market rebounds 💁♂️
In terms of cryptocurrencies, prices rebounded slightly, with BTC breaking through $27,000 and ETH rising to around $1,650 again. There was still little news affecting the market, but we noticed that the correlation between BTC and SPX and gold spot prices has quietly returned to this year. Highs, therefore, we expect cryptocurrencies to move in line with stocks and bonds at today's FOMC meeting, and if the Fed shows an unexpected hawkish bias, it will be a negative outcome for the market and may cause prices to swing lower again. I wish you all good luck with your trading today!
