đŠ FED DECISION DAY: BITCOIN FACES A MAJOR MACRO TEST
The Federal Reserve delivers its September interest-rate decision today.
The current federal funds target range is 3.50%â3.75%.
Markets are heavily positioned for a rate increase, but the decision itself is not confirmed until the Fed publishes its statement.
Also arriving today:
âą Updated economic projections
âą New interest-rate forecasts
âą Fed press conference
For Bitcoin, the rate decision matters â but the Fedâs message about what comes next may matter just as much.
Higher-for-longer expectations can pressure liquidity and risk assets.
A softer policy outlook can do the opposite.
đž @BitcoinNews
$BTC
The Federal Reserve delivers its September interest-rate decision today.
The current federal funds target range is 3.50%â3.75%.
Markets are heavily positioned for a rate increase, but the decision itself is not confirmed until the Fed publishes its statement.
Also arriving today:
âą Updated economic projections
âą New interest-rate forecasts
âą Fed press conference
For Bitcoin, the rate decision matters â but the Fedâs message about what comes next may matter just as much.
Higher-for-longer expectations can pressure liquidity and risk assets.
A softer policy outlook can do the opposite.
đž @BitcoinNews
$BTC
