$QNTB $XRP $ETH
The FOMC begins today, with the entire meeting behind closed doors. The statement won’t come until 2 p.m. Eastern tomorrow. Rates remain at 3.75%–4.00% after a hike in September, and futures mostly expect no change this time.
Crypto markets tend to trade on expectations first. Before the statement comes out, most of this BTC volatility is probably noise. The tug-of-war around $80,000 is speculation, not pricing. What really matters isn’t whether they hike—there’s about a 90% chance they hold steady—but the statement and Warsh’s tone on December. The probability of a December rate hike is now nearly 67.5%.
In short: don’t bet on one direction during a closed-door meeting. Reprice after the statement comes out. This is for tracking market signals only and does not constitute investment advice. #FOMC会议
The FOMC begins today, with the entire meeting behind closed doors. The statement won’t come until 2 p.m. Eastern tomorrow. Rates remain at 3.75%–4.00% after a hike in September, and futures mostly expect no change this time.
Crypto markets tend to trade on expectations first. Before the statement comes out, most of this BTC volatility is probably noise. The tug-of-war around $80,000 is speculation, not pricing. What really matters isn’t whether they hike—there’s about a 90% chance they hold steady—but the statement and Warsh’s tone on December. The probability of a December rate hike is now nearly 67.5%.
In short: don’t bet on one direction during a closed-door meeting. Reprice after the statement comes out. This is for tracking market signals only and does not constitute investment advice. #FOMC会议
