FOMC meeting tends to move the market, will this time the results will pump / dump the price>
Close date updated to 2022-11-02 8:53 pm
Close date updated to 2022-11-03 8:53 pm
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@MichaelSoukup Care to elaborate? There was neither a market wide surge nor a significant crash.
“Bitcoin and Ethereum Prices are Holding Steady After Latest Big Fed Rate Hike“
https://time.com/nextadvisor/investing/cryptocurrency/bitcoin-ethereum-prices-another-fed-rate-hike/
“The refusal of the crypto market to dump following another high-interest rate hike points to more strength in the market.”
https://bitcoinist.com/fed-interest-rake-hike-fails-to-destabilize-bitcoin/
“Yesterday’s FOMC meeting of the U.S. Federal Reserve (FED) brought less volatility to the Bitcoin market than many experts had expected. The Bitcoin price moved in a narrow range during and after the meeting.”
https://bitcoinist.com/bitcoin-after-the-fomc-dust-this-date-is-crucial/