Impact of FOMC Meeting on Cryptocurrency Market: Latest Developments for Bitcoin (BTC) and Ethereum (ETH)

• The cryptocurrency market has experienced a significant downturn ahead of the FOMC meeting, with Bitcoin prices falling over 5% to levels around $60,000.
• Major Wall Street banks, including JPMorgan and Goldman Sachs, have differing views on the Federal Reserve’s first interest rate cut date.
• Market analysts expect strong inflation pressure to force the Fed to keep interest rates high for a prolonged period.

The cryptocurrency market is in turmoil ahead of the FOMC meeting, with Bitcoin prices falling and major Wall Street banks at odds over the Federal Reserve’s interest rate plans.

Cryptocurrency Market Reacts to FOMC Meeting Anticipation

The cryptocurrency market has been under strong selling... Read the full article for FREE at COINOTAG!