FOMC Assembly Poses Danger for Bitcoin (BTC) and Crypto Costs, Analyst Says

by Jeremy

“The Fed determination this week poses a threat, with considerations over a much less investor-friendly coverage stance as a result of sturdy U.S. financial information and inflation,” Joel Kruger, market strategist at LMAX Group, mentioned in an emailed notice. “Whereas correlations between crypto and conventional belongings have been low, a risk-off sentiment from the Fed determination may spill over into crypto.”

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