What impact will the FOMC meeting in September 2018 have on the cryptocurrency market?

1 answers

• Dec 16, 2021 · 3 years ago
  At BYDFi, we believe that the FOMC meeting in September 2018 will have a notable impact on the cryptocurrency market. The decisions made during this meeting can influence market sentiment and investor behavior. If the FOMC announces a tightening of monetary policy, it may lead to a decrease in cryptocurrency investments as investors may opt for more traditional assets. On the other hand, if the FOMC maintains or loosens its monetary policy, it could attract more investors to the cryptocurrency market. Additionally, any statements or discussions regarding the regulation of cryptocurrencies during the meeting could also affect market sentiment. It's important for cryptocurrency investors to closely monitor the FOMC meeting and its outcomes to make informed investment decisions.
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