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What's Next for Crypto? Fed Meeting, Inflation Data to Shape Markets Investors Anticipate Fed Meeting Decisions Investors Worry More About Upcoming Fed Meeting

Jan / 01
- What's Next for Crypto? Fed Meeting, Inflation Data to Shape Markets
  
  Jan 01, 1970 at 08:00 am U_Today
  
  The cryptocurrency market braces for a pivotal week as the Federal Reserve's policy meeting on Wednesday looms large. Investors eagerly anticipate the Fed's decision on interest rates while closely monitoring the release of key inflation data, including the Consumer Price Index (CPI) and personal consumption expenditures price index. Bitcoin and other cryptocurrencies have experienced a recent dip, with profit-taking and concerns over artificial intelligence influencing market sentiment. Liquidations have surged, adding to the negative start to the week.
- Investors Anticipate Fed Meeting Decisions
  
  Jan 01, 1970 at 08:00 am BH NEWS
  
  Market uncertainty dominates as the Federal Reserve meeting looms, fostering investor apprehension. Bitcoin lingers within a narrow range, reflecting this hesitation, with trading volumes waning. The Fed's anticipated unchanged interest rate announcement dampens expectations for rate cuts and 75-point reductions by 2024. Bitcoin's $68,500 support level is pivotal, as a breach could trigger further corrections. The cryptocurrency market faces weak sentiment, with total volume falling, while meme coins witness significant sell-offs. Investors are advised to monitor key support levels, anticipate volatility, and assess the impact of low trading volumes.
- Investors Worry More About Upcoming Fed Meeting
  
  Jan 01, 1970 at 08:00 am COINTURK NEWS
  
  Amidst heightened economic concerns, investors await the upcoming Fed meeting with trepidation. Bitcoin remains confined within a narrow range, weighed down by cautious sentiment ignited by weak job market data. The Fed is anticipated to hold rates steady, but recent signals have tempered hopes for rate cuts, raising questions about the pace of future monetary easing. The cryptocurrency market has witnessed a decline in trading volume, while Bitcoin's dominance has increased. Notable losers of the week include TIA, BEAM, and several meme coins, reflecting a general downturn in investor sentiment.