FOMC WATCH | Crypto Under Pressure🏛️📊
The crypto market is facing heavy volatility after the US Senate rejected the CLARITY Act with a tight 49-50 vote. Here is a simple breakdown of the impact:
📉 Market Impact:
• Bitcoin ETFs saw a massive $450M outflow—the biggest single-day drop since June.
• Futures liquidations hit $570M as $XRP dropped 10% to $1.30.
• $BTC fell 3% while Ethereum and Solana dropped around 5%.
• Crypto stocks (Coinbase, Circle) dropped harder than tokens, falling by nearly 9%.
🔮 What’s Next & The Fed Connection:
Since Congress failed to pass the law, near-term regulatory rules shift to the SEC and CFTC.
Meanwhile, the upcoming Fed decision is expected to bring a 25 bps hike. The official statement and press conference may create even more volatility than the rate decision itself!
👀 Watch Next: ETF flows, open interest, BTC support, and XRP recovery.
What are you watching today—BTC, XRP, or the Fed? 👇
For information only. Always do your own research.
#Bitcoin #FOMC #CryptoNews #MarketUpdate
The crypto market is facing heavy volatility after the US Senate rejected the CLARITY Act with a tight 49-50 vote. Here is a simple breakdown of the impact:
📉 Market Impact:
• Bitcoin ETFs saw a massive $450M outflow—the biggest single-day drop since June.
• Futures liquidations hit $570M as $XRP dropped 10% to $1.30.
• $BTC fell 3% while Ethereum and Solana dropped around 5%.
• Crypto stocks (Coinbase, Circle) dropped harder than tokens, falling by nearly 9%.
🔮 What’s Next & The Fed Connection:
Since Congress failed to pass the law, near-term regulatory rules shift to the SEC and CFTC.
Meanwhile, the upcoming Fed decision is expected to bring a 25 bps hike. The official statement and press conference may create even more volatility than the rate decision itself!
👀 Watch Next: ETF flows, open interest, BTC support, and XRP recovery.
What are you watching today—BTC, XRP, or the Fed? 👇
For information only. Always do your own research.
#Bitcoin #FOMC #CryptoNews #MarketUpdate
