Before the US markets close today, the Federal Reserve will reveal its decision on interest rates and provide insight into members’ 3-year interest rate forecasts. Fed Chairman Powell will also assess the most recent data, including JOLTS, PCE, and the Unemployment Rate, which have been favorable for crypto investors. Inflation data has also recently been positive. If Powell emphasizes the optimistic aspects, it can be argued that the recent drop in cryptocurrencies has transformed into a buying opportunity. Stay updated on the latest technology news by accessing NEWSLINKER.
