I still can't understand why when they raise interest rates the market crashes! Crypto was originally created to fight the banking system; if interest rates rise, people should buy more, not sell.
otmanino
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🔥 Attention. Trade with extreme caution in the coming hours.
🔥 All markets are waiting for news and data tomorrow, Wednesday.
🔥 Tomorrow, the interest rate decision will be announced. Although the US Federal Reserve will keep it steady with no increase or decrease, Jerome Powell's conference is very important, and his statements could turn the markets, especially when he talks about inflation and the timeline for interest rate cuts and how much will be cut during 2025. Therefore, caution is necessary in the coming hours.
🔥 The time in the image is global time.
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