The Fed Could Crash Bitcoin

The Federal Reserve is about to make one of the most important interest-rate decisions of the year, and Bitcoin could react violently.

The official FOMC decision will be released at 2:00 p.m. Eastern Time, 1:00 p.m. Central Time, noon Mountain Time and 11:00 a.m. Pacific Time , followed by the Federal Reserve press conference 30 minutes later.

In today’s Daily Crypto Deep Dive , we examine the three possible outcomes facing the crypto market: a surprise interest-rate increase, a hawkish decision to keep rates unchanged, or a more dovish message that could send Bitcoin back towards major resistance.

We explain why higher interest rates can damage Bitcoin, Ethereum and XRP, which price levels traders will be watching, why the market’s first reaction could be completely reversed during the press conference, and what we believe the Federal Reserve will ultimately decide.

Could Bitcoin fall towards $60,000 , or will the Fed provide the catalyst for another move towards $70,000 ?

This is our complete Federal Reserve and crypto market prediction.

#Bitcoin #Crypto #FederalReserve #FOMC #InterestRates #Ethereum #XRP #CryptoNews

These notes come from the official Crypto News Today feed; they are not a transcript. Official-feed provenance does not independently verify every factual claim. No separate source links were supplied with this edition.