Key Events This Week #Cryptocurency #Crypto

📅Tuesday (12-12-2023)- #CPI Inflation Data at 8:30am EST

📅Wednesday (13-12-2023)- #PPI inflation Data at 8:30am EST

📅Wednesday (13-12-2023)- #FOMC rate hike and press conference at 2pm EST

📅Wednesday #FED Chair #Powell Press Conference

📅Thursday (14-12-2023)- Retail Sales at 8:30am EST

#Cryptomarket awaits #FOMC meeting; stable rates expected despite predictions of 2024 rate cuts.

FOMC likely to maintain interest rates, causing a dip in global #crypto market cap and volume.
https://coinpedia.org/news/crypto-markets-await-fomc-meeting-will-interest-rates-rock-the-boat/

Federal Reserve unlikely to adjust interest rates; traders assign a mere 3% chance of a decrease. #FED #FOMC #CryptoNews

Economic focus on upcoming Fed decision and crucial U.S. data; optimistic outlook for Bitcoin's recovery.
https://coinpedia.org/news/feds-big-decision-will-they-lower-interest-rates-here-are-some-clues/

• #Bitcoin (BTC) rose above $43,000 on Tuesday.

• Investors are monitoring the upcoming US #FOMC meeting for its impact on the benchmark interest rate.

• Other top #cryptocurrencies, including #Ethereum (ETH), #Dogecoin (DOGE), #Solana (SOL), #Ripple (XRP), and #Litecoin (LTC), experienced gains.

• The PENDLE token had the highest 24-hour increase, rising over 15%. & MNT was the biggest loser

• The global #cryptomarket cap was $1.67 trillion at the time, showing a 2.27% gain in the last 24 hours.

Top #CryptoNews In Last 12 Hours

1️⃣ #Bitcoin's #marketcap surpasses $1 trillion as price hits $51,000; ,marking milestone in #cryptomarket history.

2️⃣EU committee approves groundbreaking #AI legislation, setting global precedent, to regulate diverse industries; enforcement expected by 2026.

3️⃣ Japan's #financial regulator suggests banks enhance user protection, potentially disrupting P2P #crypto transactions to prevent fraud.

4️⃣US Treasury official Brian Nelson urges Congress for expanded authority to combat crypto-related illicit finance.

5️⃣US #CPI data beats expectations. CME predicts 92% chance #FOMC keeps rates unchanged in March; 62.1% chance of May rate cut.

🚨 Be Alert🚨

#CryptoNews #crypto #FED #FOMC

Today, the Federal Reserve's FOMC meeting minutes are due to be released at 7:00 PM UTC. There's been a lot of volatility in the #cryptomarkets lately.

#Ethereum, a popular #cryptocurrency, has surpassed the $3,000 mark, marking a significant milestone not seen since May 2022.

Unexpectedly high inflation data for January could potentially delay plans for the Fed to ease monetary policies. Some analysts anticipate the possibility of interest rate cuts by July in response to these developments.

#FederalReserve Interest Rate Decision Today!

As the #crypto market anticipates today's #FOMC statement, the question looms:

Will the FOMC's decisions fuel the next crypto surge? Dive into the analysis.

https://coinpedia.org/news/is-the-crypto-market-rebound-inevitable-ahead-of-todays-fomc-statement/

🌟Key Events to Watch in September Month

1️⃣ 06 Sep - US payrolls/Unemployment data.

2️⃣ 10 Sep - Presidential Debate in the U.S. (#Trump vs #Kamala)

3️⃣ 11 Sep - #CPI Data Update.

4️⃣ 12 Sep - #PPI Data Update.

5️⃣ 17-18 Sep - #FOMC Meeting.

6️⃣ 29 Sep - #CZ’s release from prison.

#Crypto #cryptocurrency #CryptoNews

🚨 All eyes on the #FOMC meeting, Sept 17-18, 2024!

🔍 The Fed’s rate decision could send shockwaves through #cryptomarket

Will they hold or make a big move? 👀

#MarketWatch #FederalReserve #Bitcoin

Source: https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

How Will a #Fed Rate Cut Influence the Crypto Market?

A 0.25% cut might not do much, but a 0.50% or 0.75% rate slash could flood the markets with liquidity and push #Crypto prices to new highs.

Will #Bitcoin take the lead?

No Rate Change or a Big Cut?
Crypto Investors Are Holding Their Breath!

#CoinPedia #cryptomarket #FOMC