The U.S. Federal Reserve (FOMC) will announce their decision on interest rates today. This is a big event that can affect the entire market — from #bitcoin oin and #Crypto $BTC to stocks, gold, and oil.
What’s Expected: ▪️ Fed is likely to keep interest rates the same (no change). ▪️ But the important part is what they say next — will they cut rates this year or not? ▪️ The Fed may only do 1 rate cut in 2024, which is less than before.
Why It Matters: ▪️ If the Fed sounds dovish (soft): Markets could go up — Bitcoin may bounce above $110K. ▪️ If the Fed sounds hawkish (strict): Expect a drop — Bitcoin could dip to $100K or lower.
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