All eyes on fomc meeting ✍️

Good evening to all my friends. I hope you all are doing well. I am having a fantastic day. Bitcoin is trading above $105k. Today i am going to discuss about tonight’s decision by the Federal Reserve is very important for financial markets, especially altcoins. If the Fed’s statement focuses on controlling inflation instead of the unemployment rate, it could have a negative impact on the markets. This would mean that even though things in the U.S. are cheap, people aren’t able to afford them, which usually leads to a decline in market activity. On the other hand, if the Fed shifts focus to the unemployment rate, it would signal that they plan to address rising unemployment, which often requires money printing and increasing liquidity in the market. This would likely create a "risk-on" mode, where investors start moving money into riskier assets like altcoins.

Money printing usually leads to more liquidity in the market, helping people afford goods even if prices are high. This boosts market activity and can be positive for altcoins. Historically, after rate cuts, money printing follows, and tonight we expect a 25 basis point rate cut, with a 90% probability. I'll update you on the FMC meeting and provide a detailed analysis in a separate blog tomorrow. That's it for today. Thanks & have a good day!!