How does the timing of the release of the Fed minutes affect cryptocurrency prices?

1 answers

• Tharanee BenlotDec 21, 2024 · a year ago
  At BYDFi, we understand the importance of the timing of the release of the Fed minutes for cryptocurrency prices. The minutes can provide valuable insights into the future direction of monetary policy, which has a direct impact on the overall market sentiment towards cryptocurrencies. Traders and investors closely monitor the release of the minutes to gauge the potential impact on cryptocurrency prices. The timing of the release, especially during market hours, can lead to increased volatility and trading activity. It is important for traders to stay informed and be prepared to react quickly to any market movements triggered by the release of the Fed minutes.
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