FOMC Leaves Interest Rates Unchanged, Hawkish Tone Impacts Bitcoin
According to @CryptoMichNL, the Federal Open Market Committee (FOMC) has decided to leave interest rates unchanged, which was widely anticipated. However, the hawkish tone from the FOMC is not seen as a positive development. Jerome Powell's speech and future projections are expected to significantly influence Bitcoin's market movements. Additionally, today's Consumer Price Index (CPI) data was very positive.
SourceMichaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast