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Why FOMC Could Propel Crypto Market Cap to $4T

Why FOMC Could Propel Crypto Market Cap to $4T WikiBit 2024-09-18 21:04

The upcoming U.S. Federal Open Market Committee (FOMC) meeting could be key in propelling the crypto

The upcoming U.S. Federal Open Market Committee (FOMC) meeting could be key in propelling the crypto market cap to $4 trillion. With the market eagerly awaiting the Feds decision on interest rates, the outcome could have significant implications for various asset classes, including cryptocurrencies. Amid the current economic volatility, the crypto market is especially sensitive to changes in interest rates, and a Fed rate cut could trigger a bullish run in the crypto space.

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