How will FOMC affect Bitcoin and Altcoins

The Federal Open Market Committee (FOMC) is held, where the US Federal Reserve is scheduled to announce the following monetary policy decision at 2 pm on Wednesday.

According to data from CME FedwatchTraders expect the central bank to keep the target federal funds without changing at 425 to 450 basis points.

However, the press conference of the Federal Reserve Championship Jerome Powell can lead to great fluctuations in the markets, which may have a significant impact on encryption investments.

Given the report of the US GDP in the first quarter, there is a strong possibility that Powell will adopt a more dofish position, and provides possible relief to the encryption market.

Smart money investors are already purchasing the DIP, which causes the Bitcoin price to $ 97,000. The accused investors may have a last opportunity to accumulate the best encryption to buy before an explosive gathering begins.

On Wednesday, FOMC may lead to great fluctuations in encryption prices

There is an increasing consensus that the president’s speech fed by Jerome Powell after FOMC can be up to the financial markets.

the US Q1 GDP GDP It contracted 0.3 %, much worse than the market expectations for 0.3 % growth. Reading sparked great concerns about the recession, given two quarterly quarterly domestic product, fulfilling the standards of technical recession.

The possibility of recession in the American economy in 2025 increased by more than 70 % in the prediction market such as Calci and Polymarket.

Meanwhile, the economy has received good news on the inflation front, with the Federal Federal Reserve Index, Core PCE2.6 % comes in line with the market expectations.

Therefore, it will not be surprising if Powell adopts an incentive position to give some comfort that is needed for increasing investors, which may indicate discounts in aggressive prices this year or hint at the beginning of the Federal Reserve Bank Quantitative.

As such, CME Fedwatch indicates the possibility of three discounts this year. Moreover, the central bank continues to provide liquidity to the markets through many non -spy measures. Only yesterday, the Federal Reserve bought $ 20 billion in bonds from 3 years, which is the largest one -day purchase in 2021.

Not without any reason that prompted the price of bitcoin to defense successfully from the level of support of $ 93,500 before FOMC, which has now rose to $ 97,000 at the time of the press with climbing Open attention.

Best encryption for purchase now

Decapable investors must increase their bitcoin quickly. There is a fast -growing consensus that the price of bitcoin can reach 150 thousand dollars in the second quarter. Many prominent analysts are now alluding to the possibility of $ 210,000 this year.

Investors should also buy XRP, taking into account that it is one of the strongest altcoins in the market. In particular, closing a decisive above $ 2.26Which can come quickly after FOMC on Wednesday, can lead to a 3 -term gathering.

Among the Meme currencies, Popcat has emerged as an attractive investment, as it recorded the highest investments from smart money portfolios during the past 24 hours, and data from leg He reveals.

Investors must also monitor Fartcoin, due to their relative strength. In particular, the daily closure above $ 1.20 will pave the way for a $ 2.

Investors in smart funds are also looking for low clouds, especially in the artificial intelligence sector. For example, Bibi’s mind (mind) The whales drew the attention of the artificial intelligence agent on May 10.

Only last week, Hout replaced the 70 ETH of the mind, adding to its six -digit investment list.

The Pepe Presale Mind already raised more than $ 8.8 million in a short time, indicating the support of a strong society. However, it is also a small coin of artificial intelligence, still in the past period, which makes it an attractive investment.

It is called prominent analysts and encrypted influencers the next 100x encryption, while others see it as one of the best encryptions for purchase now.

Visit Mind of Pepe Presale

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