Market Update

Solana, XRP and Dogecoin Slump as the encryption market awaits a “point plot”

price Xrpand Solana,The second abbreviation Dokwin On Tuesday, before the upcoming policy decision of the Federal Reserve, an event could reduce expectations as the encryption market tries to recover from a rugged extension during the era of President Trump.

The Federal Reserve is widely expected to leave its record price unchanged, but investors will continue to be constant on the notes of the Federal Reserve Chairman Jerome Powell after a decision, along with the so -called summary of economic expectations (SEP) issued to the US Central Bank.

“The Altcoin season may be dictated this year,” said Juan Leon Juan Leon. Decipher. “If officials add more cuts to the” point plot “, it is possible that the encryption will be enhanced, given the expectations of low rates and implicit support higher than the federal reserve to the economy.”

The SEP will include the Federal Reserve, the expectations of the unemployment and economic growth rate, but among the most important assets of risk are the expectations for interest rates. The encryption market has flourished to new horizons, as the Federal Reserve delivered a series of discounts in prices last year.

However, the encryption market has lost $ 1 trillion since the Federal Reserve meeting in December, according to Coingecko. Politics makers signal After that, there will be less price cuts this year than expected for investors, as they expect a quarterly difference price discounts instead of four.

The price of XRP, Solana and Dogecoin fell more than 4 % on Tuesday, and hitting $ 2.26and 124 dollarsAnd 0.16 dollarsrespectively. Meanwhile, Bitcoin decreased by 2.4 % to $ 82,000 and ETAREUM fell by 1.7 % to $ 1900.

Lyon said Powell is likely to hit a “optimistic tone with caution”, while officials leave the point plot unchanged from its previous meeting. He added that the US Central Bank in “waiting and seeing” the definitions and inflation, and Powell is likely to point out a mysterious look at the economy.

President Donald Trump In a wayand outside The approach of definitions has been on encryption prices since its inauguration. While they raised Fears of inflationSome economists fear that they may also burden economic growth through high costs for consumers and companies.

Government efficiency management in Elon Musk, or DodgeAdd to Growth fearsWith market participants digesting how federal spending cuts can affect employment and economic growth.

Lyon said that altcoins such as XRP, Solana and Dogecoin have been especially sensitive to expectations, as the Securities and Stock Exchange Committee strikes More love -friendly tone.

“They will now be more than macro’s whims, instead of specific regulatory procedures,” he said.

Edit Andrew Hayouard

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