Good morning

Rahajeng cement

GM Binancians đŸ„‚

Starting from waking up by opening the Binance application đŸ€Ł

It's scary, it's delicious, seeing Bitcoin turn red, followed by a decline in altcoins đŸ”„

Why did it go down?

yes because of the results of the FOMC

what's in it? *(I'm just translating for you)

*

-There is no increase in interest rates this month

- Interest rate cuts unlikely in 2023

- The FED's goal remains inflation

- FED signals possible interest rate hike this year

- Two rate hikes of 0.25bps are expected by the FED this year

Overall, a HAWKISH statement

#FOMC #vanthegear