BTC
73,514.01
-0.27%
Today Jerome Powell, the chairman of the Federal Reserve of the United States, will give a statement and the topic of interest rates will be addressed due to the instability of the labor market.
As is customary and has been happening over time, every time this gentleman issues a statement, the crypto market falls by a percentage (a little but it moves downward), so this time something different is not expected.
Taking advantage of the high prices of cryptocurrencies right now to sell and take profits would be a great move.
Selling high and buying low after the statement is a move that repeats after every FED announcement.