FOMC WATCH: TODAY BTC Under Pressure
$450M ETF Outflows
Bitcoin slipped below $74K as the CLARITY Act failed in the Senate and U.S. spot Bitcoin ETFs saw around $450M in outflows.
๐ XRP โ10%
๐ ETH โ5%
๐ SOL โ5%
๐ BTC โ3%
The Fed decision is the key catalyst today. Markets are pricing a high probability of a 25bps rate hike, but the bigger volatility could come from the Fedโs guidance on future rates.
โ ๏ธ Watch BTC, Treasury yields and post-FOMC volatility closely.
$450M ETF Outflows
Bitcoin slipped below $74K as the CLARITY Act failed in the Senate and U.S. spot Bitcoin ETFs saw around $450M in outflows.
๐ XRP โ10%
๐ ETH โ5%
๐ SOL โ5%
๐ BTC โ3%
The Fed decision is the key catalyst today. Markets are pricing a high probability of a 25bps rate hike, but the bigger volatility could come from the Fedโs guidance on future rates.
โ ๏ธ Watch BTC, Treasury yields and post-FOMC volatility closely.
