The Fed interest rate decision, which will be announced at 21:30 on September 18, will have a critical impact on Bitcoin (BTC) pricing.
Bitcoin ETFs are on a positive track as the Fed approaches its interest rate decision. On September 17, there were net inflows into spot BTC ETFs worth $250 million. This increase in spot ETFs can be considered a signal that the market is on the rise.
According to blockchain analysis platform Arkham Intelligence, the net inflow recorded on September 17 is the highest level in the last month. With this development, BTC exceeded $61,000 for the first time in September. Markets are expecting the US Federal Reserve to cut interest rates, but it is not yet clear how much it will reduce borrowing costs. Some analysts say a larger 50 basis point cut is more likely than a 25 basis point cut. This has increased some investors’ risk appetite.
“I see a 50bps cut in BTC pricing increasing in probability rather than a 25bps cut,” said James Butterfill, Head of Research at CoinShares.
The Fed interest rate decision, which will be announced today at 21:30, could cause major fluctuations in Bitcoin. The flagship of the cryptocurrency, which is currently trading at $ 60,000, could experience sharp fluctuations in the $ 58,500 - $ 61,500 range. It is important for crypto investors to be more careful during this process.
Risks may increase, especially in terms of futures transactions. The volatility that will be experienced in BTC is expected to significantly affect altcoins. More movement can be observed in the memecoin category.
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Now I will explain how you will receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who can benefit?
Our friends who have not yet activated the futures section, when you activate your FUTURES transaction section, you will earn $10 when you open it by entering my 88623008 reference code.
I EXPLAIN IN DETAILED.
My brothers and sisters who have become Binance members without a reference, please listen carefully;
When you do what I say in order, you will receive 10 USDT.
Go to the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward until MAY 1 can do so. Afterwards, after activating your account, it is enough to open your first futures transaction.
The first 1,000 brothers who open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this; even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
Even if you do this after May 1st, your reward will not come. So, do it until May 1st. In fact, I would say do it right now in 5 seconds.
It's very simple. Go to futures, enter my 88623008 referral code and activate the account. Then just open a transaction of 200 usdt in total and get the 10 usdt reward.
WHEN WILL THE REWARD COME?
Your $10 reward will come to the REWARDS section of your Binance application within 30 days from May 1. By activating it from there, you can use your $10 reward, or more than 300 lira, in futures transactions.
You can share this post with your friends in need so that they can also benefit from it.
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