🚨 JPMorgan warns: the S&P 500 could swing by 2% already today
Today is a crucial day for the market — the Fed announces its interest rate decision and provides updated guidance. Analysts at JPMorgan note that depending on Vorch’s tone and the figures themselves, the U.S. S&P 500 index risks delivering volatility up to 2% in either direction.
Why is this important for crypto?
The U.S. stock market and crypto are currently moving in lockstep. If the S&P 500 rises on a dovish narrative — Bitcoin and altcoins will catch that momentum. If the Fed sends a “hawkish” signal and the stock market pulls back — be ready for a sharp shakeup across the crypto market.
We’re keeping a close watch and setting stops. What are your thoughts—where are we heading: for a month-long move or a re-buy?#FedRateWatch
#CircleOpensArcMainnet
#BitcoinFalls4%
#SKHynixInTalksToMakeMemoryChipsInUS
$NVDAB
$AAPLB
$SPCX
Today is a crucial day for the market — the Fed announces its interest rate decision and provides updated guidance. Analysts at JPMorgan note that depending on Vorch’s tone and the figures themselves, the U.S. S&P 500 index risks delivering volatility up to 2% in either direction.
Why is this important for crypto?
The U.S. stock market and crypto are currently moving in lockstep. If the S&P 500 rises on a dovish narrative — Bitcoin and altcoins will catch that momentum. If the Fed sends a “hawkish” signal and the stock market pulls back — be ready for a sharp shakeup across the crypto market.
We’re keeping a close watch and setting stops. What are your thoughts—where are we heading: for a month-long move or a re-buy?#FedRateWatch
#CircleOpensArcMainnet
#BitcoinFalls4%
#SKHynixInTalksToMakeMemoryChipsInUS
$NVDAB
$AAPLB
$SPCX
