Good morning
Rahajeng cement
GM Binancians đ„
Starting from waking up by opening the Binance application đ€Ł
It's scary, it's delicious, seeing Bitcoin turn red, followed by a decline in altcoins đ„
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