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.
📉 XRP −10%
📉 ETH −5%
📉 SOL −5%
📉 BTC −3%
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 Fed’s guidance on future rates.
⚠️ 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.
📉 XRP −10%
📉 ETH −5%
📉 SOL −5%
📉 BTC −3%
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 Fed’s guidance on future rates.
⚠️ Watch BTC, Treasury yields and post-FOMC volatility closely.
