#FOMCWatch Today's markets are focused on the US Federal Reserve meeting, with Bitcoin and altcoin traders eagerly anticipating the outcome. Following the release of unemployment claims data showing relative stability in the labor market, expectations point to the Fed holding interest rates steady. This scenario is considered relatively positive for cryptocurrencies, as stability provides investors with some reassurance and reduces selling pressure, potentially allowing investment flows into the market to continue. However, the impact remains limited in the short term, as future price movements depend on the Fed's detailed statements and investor behavior in response to any future signals of monetary tightening or easing. Overall, a stable interest rate may provide temporary support for Bitcoin and altcoins, but it does not guarantee a strong rally unless accompanied by other positive economic indicators, such as GDP growth or increased liquidity in financial markets.