Bitcoin Slips Pre-Fed Meeting—More Volatility Coming?

Get Daily altcoins signals and trade with the professionals trading strategy – https://telegram.me/binancefuturesignal

Trump continues to urge Powell to cut the rates, but it's highly unlikely.

With just hours left until the US Federal Reserve publishes its decision whether it will change in any way the key interest rates, BTC’s price has dived by roughly two grand in minutes, dropping to a multi-day low of under $72,500.

This would be the second-to-last FOMC meeting before the Fed’s chair, Jerome Powell, leaves office as his four-year term expires on May 15.

FOMC Today: What to Expect
The general consensus among experts and prediction platforms is that there will be no changes to the interest rates today. According to most reports, Powell will likely keep them the same, as the war in the Middle East has only increased uncertainty, with gas prices jumping worldwide.


It is very easy to grow your Binance account by being part of our Growing Community.

We have some expertise in trading, our team is well aware of the market fluctuations in the Bitcoin industry with 6 years of experience.

Kindly join our Crypto Signals Pro Group to get all the benefits as our existing members are already getting it.

Comments

Post a Comment

Popular posts from this blog

Michael Saylor Eyes Bitcoin Dip Buy

Visit this link to consistently profit in Binance & SPOT trading, receive free bitcoin trading signals:  https://telegram.me/cryptosignalalert Download our free app to receive signals on your mobile device:  https://play.google.com/store/apps/details?id=com.freecryptosignals.app According to SaylorTracker, Strategy is up over 54% on its Bitcoin investment, representing over $21.8 billion in unrealized capital gains. Strategy co-founder Michael Saylor signaled an impending Bitcoin purchase by the company amid the recent dip from the all-time high of $112,000 reached on May 22. "I only buy Bitcoin with money I can't afford to lose," Saylor wrote to his 4.3 million followers in an X post. The company's most recent purchase of 7,390 BTC on May 19, valued at nearly $765 million, brought Strategy's total holdings to 576,230 BTC. If Strategy completes the acquisition on May 26, it will mark the company's seventh consecutive week of Bitcoin purchases. We continuou...
Read more

Bitcoin Hits 2-Week High Post-FOMC, XRP Surges 8%

Image
Visit the link and get free insights on the Crypto trading signals, profitable Alt coins and Automated Bot trading –  https://telegram.me/binancefuturesignal Expectedly, XRP is the top performer today from the larger-cap alts. Although the Fed didn’t lower the interest rates, bitcoin’s price actually reacted well following the meeting and shot up to a multi-week peak of over $87,500 where it faced some resistance. Many altcoins are also well in the green, led by XRP after Ripple’s victory in the legal case against the US SEC. BTC Above $85K Last week didn’t go all that well for the largest cryptocurrency, but it had managed to recover some ground by the time the weekend arrived and stood calmly at around $84,000. Following some volatility on Sunday due to large short positions on Hyperliquid, the asset was rejected at $85,000 at the start of the current business week and slumped to $81,200 on Tuesday. Excellent 71% Profit on #AUCTION/USDT We have small as well as huge type of trade...
Read more

Ethereum price looks to make a new 2020 high!

Image
Visit us for crypto trading strategy, world class Binance Futures Bot, Futures Leverage Bot, Binance Futures and assistance on crypto trading -  https://t.me/binancefuturesignal Ethereum price looks to make a new 2020 high as Bitcoin bulls fight to hold BTC price above $9,600. #ATOMUSDT has completed the 3rd profit target with 25% Profit for all Elite members We have small as well as huge type of traders in our Binance Futures Group. It is very easy to grow your Binance Futures account by being part of our Community. Make profit on Binance Futures by using our Signals and Bot. Kindly join our FREE Binance Futures Group to get all the benefits as our existing members are already getting it.
Read more