Home Guides FOMC Meeting Poses Risk for Bitcoin (BTC) and Crypto Prices, Analyst Says

FOMC Meeting Poses Risk for Bitcoin (BTC) and Crypto Prices, Analyst Says

0
FOMC Meeting Poses Risk for Bitcoin (BTC) and Crypto Prices, Analyst Says

[ad_1]

[gpt3] a new article in English that is SEO-optimized and incorporates as many relevant keywords as possible. The article should be based on the information provided in the existing post content. Additionally, please include a dedicated FAQ section and a conclusion section to enhance the reader’s experience

“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.”

[/]

[ad_2]

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here