In the days leading up to the Federal Open Market Committee (FOMC) meeting, several different scenarios were proposed as to whether or not interest rates would be increased. The meeting’s uncertain outcome sparked price fluctuations in the crypto asset market, which went up or down based on the direction of the rumors. But you ask […]
meeting, several different scenarios were proposed as to whether or not interest rates would be increased.
But you ask what is the Federal Open Market Committee and how does it affect the price of cryptocurrencies?The FOMC typically has eight meetings each year but can call additional meetings if needed.
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