tgoop.com/shadow47yt/876
Last Update:
As of January 29, 2025, the Federal Open Market Committee (FOMC) has decided to maintain the federal funds rate within the target range of 4.25% to 4.50%. This decision marks a pause after three consecutive rate cuts between September and December 2024.
The FOMC decision to hold rates steady is neutral to slightly bullish for crypto. Here’s why:
Bullish Factors for Crypto:
✅ No Rate Hike – Higher interest rates usually hurt risk assets like crypto. Since the Fed didn’t increase rates, it's good news for Bitcoin and altcoins.
✅ Possible Rate Cuts in 2025 – If the Fed cuts rates later this year, liquidity will increase, which is very bullish for crypto.
✅ DXY (Dollar Index) Could Weaken – If the US dollar weakens due to stable or lower rates, Bitcoin and other cryptos could pump as they are seen as alternatives to fiat.
Bearish Factors for Crypto:
❌ No Immediate Rate Cut – Some traders expected a rate cut soon. Since it didn’t happen, crypto might not pump immediately.
❌ Market Uncertainty – If inflation remains high, the Fed might delay rate cuts, which could slow down a major crypto rally.
Conclusion:
For now, the crypto market remains neutral to slightly bullish. If Bitcoin holds above key support levels, we could see a breakout. Watch for how BTC and ETH react over the next few days. If BTC pumps above resistance, it could confirm a bullish trend.
BY SHADOW 47
Share with your friend now:
tgoop.com/shadow47yt/876