🚨🚨🚨Interest Rate Update

US Interest Rate Decision (Floor)

Previous: 5.25

Expectation: 5.00

Actual: 4.75

US Interest Rate Decision (Ceiling)

Previous: 5.50

Expectation: 5.25

Actual: 5

✍️The Fed's dot plot shows that the average federal funds rate is expected to be 4.4% by the end of 2024, up from 5.1% previously.

This is good news, after about 30 minutes of news, everyone should trade carefully, avoid sweeping both ends. BTC recorded an increase from 59,700 to 61,000 as soon as the news came out.