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Bitcoin and Crypto are ready for a great shock at the Federal Reserve Price

Bitcoin and Crypto prices stabilized after swinging the edge of stumbling at the end of yesterday, With traders still reeling from a sudden sale that raised fears of the “financial crisis”.

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Bitcoin price fell sharply to $ 100,000 before returning to about $ 102,000, although Bitcoin and Crypto are still defeated Although Blackrock CEO Larry Fink reveals the sovereign wealth fund bomb.

now, Coinbase’s CEO also expects that Bitcoin 18 trillion dollars will turnBitcoin and Crypto merchants are restored to the last federal reserve interest rate after US President Donald Trump called for a sharp drop in their prices.

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The market priced nearly 100 % that the FOOC Open Market Committee (FOC) will keep interest rates hanging, according to the Fedwatch CME group, after lowering prices at each of its last three meetings.

“present [bitcoin price] “It can be calm to hate the risk before the Federal Reserve meeting,” Alex Copesikvich, the chief market analyst in FXPro.

The price decision will be issued on Wednesday at 2:00 pm Easter, followed by the most important press conference led by Federal Reserve Chairman Jerome Powell, as journalists will pressure him to obtain a reaction to Trump’s comments that interest rates must decrease with “a lot”.

“I think I know interest rates are much better than they are, and I think I definitely know her much better than the person responsible primarily from making this decision,” Trump said last week.

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Last year, the Republican candidate at the time Trump He said American presidents must have an opinion on the decisions taken by the Federal Reserve, raising the possibility that it will lose its independence.

“We expect [Fed chair Powell] To be a diplomatic as possible, while he is firmly committed to reserve independence Intuition.

“Now that Trump has contacted loudly to low interest rates, if the Federal Reserve has eased the monetary policy, it will create the impression that they collected it and confiscated their independence,” Isabella Weber, an economist at the University of Massachusetts Amorest, He said the Financial times.

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