“The Fed decision this week poses a risk, with concerns over a less investor-friendly policy stance due to strong U.S. economic data and inflation,” Joel Kruger, market strategist at LMAX Group, said in an emailed note. “While correlations between crypto and traditional assets have been low, a risk-off sentiment from the Fed decision could spill over into crypto.”
Related posts
-
Exploring 7 Different Investment Strategies for Bitcoin: A Guide for Investors
Investing in bitcoin (BTC) does not require buying a whole coin. Investors can buy fractions of... -
Solana Struggles To Break $160 Resistance As Top Analyst Predicts A Coming Surge
Este artículo también está disponible en español. Solana (SOL) has been experiencing significant volatility and choppy... -
Former Sodastream CEO Offers $100K in Bitcoin for the Safe Return of Israeli Hostages
In the midst of the ongoing conflict between Israel and Hamas, Israeli Prime Minister Benjamin Netanyahu...