Which cryptocurrencies are expected to be affected by the FOMC meeting tomorrow?

1 answers

• Tomer P.Jul 08, 2021 · 4 years ago
  At BYDFi, we believe that the FOMC meeting can have a notable impact on the cryptocurrency market. Bitcoin and Ethereum, being the leading cryptocurrencies, are likely to be affected by any major decisions or announcements made during the meeting. However, it's important to note that the impact on altcoins can vary depending on their individual characteristics and market sentiment. Factors such as market trends, regulatory developments, and overall market sentiment should be taken into consideration when assessing the potential effects of the FOMC meeting on cryptocurrencies. It's advisable for investors to closely monitor the market and stay informed about any updates or statements from the FOMC that may impact the cryptocurrency market.
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