Tag: FOMC

Crypto, News

Crypto Markets Rally After Fed’s Interest Rate Decision, Here’s Why!

Following the recent announcement by the Federal Open Market Committee (FOMC) to maintain interest rates at current levels, the cryptocurrency markets have staged a robust rebound. Traders are feeling bullish, buoyed by the decision’s positive impact on both equities and the correlation between cryptocurrency and the S&P 500. 🇺🇸📈 After […]

Crypto, News

Ethereum Slips Below $2300 After FOMC Meeting; Celsius Announces Crypto Distribution

Following the latest FOMC Meeting, Ethereum, the second-largest cryptocurrency, experienced a downturn in Thursday’s trading session amid market volatility. The price of ETH plummeted by 3% intraday, breaching the crucial $2300 support level. Despite the challenging market conditions, Ethereum continues to advance its core changes, notably with the upcoming 2024 […]