Major Events in the Cryptocurrency World! The Federal Reserve's Decision is Coming

Today at 03:00, the Federal Reserve will announce its interest rate decision and economic outlook summary. Immediately following at 03:30, Federal Reserve Chairman Powell will hold a monetary policy press conference [simultaneous interpretation]. Both of these significant events are rated ★★★★★ in the importance ranking of Jin10 Data, and their outcomes will undoubtedly create waves in the global financial markets, with the cryptocurrency sector being no exception.

For cryptocurrency investors, every move made by the Federal Reserve is akin to the “Sword of Damocles” hanging overhead, profoundly impacting the trends in the cryptocurrency market. Changes in interest rates, whether optimistic or pessimistic economic forecasts, can trigger significant price fluctuations. Powell's speech is viewed by the market as a “barometer,” where every word and every hint may lead to drastic changes in decisions among cryptocurrency investors—whether to increase holdings or sell off. A “storm” in the cryptocurrency world is about to arrive; are you ready?