Federal Reserve's meeting today may boost crypto market
Federal Reserve's meeting today may boost crypto market
The Federal Reserve's policy meeting today could
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The Federal Reserve's policy meeting today could provide a boost to the cryptocurrency market. Even the slightest hint from the committee about a potential interest rate cut in September would be enough. Although the market is already pricing in a 60% chance of such a move, confirmation of these expectations from Fed Chair Jerome Powell could trigger a significant rally in risk assets, including Bitcoin. Such a signal would be seen by the market as a sign of easing economic pressure, which would, in turn, increase appetite
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