The Fed’s rate decision is due today, and the market is almost unanimously expecting no change. Fed funds futures put the odds at over 90%. The real focus isn’t whether the Fed hikes or holds, but whether the Fed chair’s remarks contain any hawkish signals.

Traders are watching every move because the rate path directly affects the dollar and long-term yields, which in turn weigh on risk assets. $BTC is hovering above $80,000, while $ETH is holding around $2,300. Nearly $11 billion worth of Bitcoin options also expire this week, and with inflation data due Thursday, there’s plenty of room for volatility.

How the Fed says it matters more to the market than the decision itself.

#美联储 #比特币 #Ethereum