Prepare For Volatility: Data Suggests Bitcoin Gets Chaotic During FOMC Meetings
Bitcoin and other cryptocurrencies in the market have had an interesting week-and-a-half. From the CPI report to the completion of the Ethereum Merge, it has been a rollercoaster of volatile activity across the market. Even with this, the market is still not done with its big events. The FOMC meeting is held on Wednesday, which, like in the past, promises unpredictable movements for the crypto markets. Expect Volatility For Bitcoin The FOMC meeting has always triggered volatility across not just the crypto markets but various financial markets. Bitcoin’s reaction to the FOMC meeting has....
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The FOMC meeting that was held on Wednesday, September 21st, triggered massive volatility for bitcoin and other cryptocurrencies. This volatility was expected and stuck to the previous trends like clockwork. It leaves a lot to be desired in the way that it played out, though, and shows a precedent for the crypto market, especially during […]
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