Here's what Fed's highly anticipated rate decision this week means for bitcoin and the dollar
Powell could signal a "dovish pause," but his comments on other issues may temper the bullish reaction in BTC and other risk assets.
What to know:
The Fed is expected to keep rates unchanged this Wednesday.
Powell could signal a "dovish pause," powering risk assets, including bitcoin, higher.
His explanation of the status quo decision might put a floor under the dollar.
Powell may get questions on the impact of Trump's housing affordability measures, perceived threat to Fed's independence and tariffs.