The Federal Open Market Committee meeting is over. Cryptocurrencies are selling off. Should we be worried?

Following Federal Open Market Committee (FOMC) meetings, we often see Ethereum experience a small dip followed by a significant surge. This time was no exception.

🇺🇸 Powell Live: Downside risks to employment have increased. We are already beginning to see the impact of rising commodity prices on rising inflation. We expect the inflationary effects of tariffs to be short-lived. However, wage growth is outpacing inflation. More rate cuts are coming!

Powell's speech is live now!

🇺🇸 Powell's speech begins in 3 minutes. Final prediction? 👇

Breaking News: 🇺🇸 FOMC Dot Plot Released. The dot plot remains largely unchanged since the last release.

NO CHANGES TO QT WRITTEN IN THE 🇺🇸 FED PRESS RELEASE. SHOULD WE BE WORRIED?

🇺🇸 Federal Reserve Interest Rate Decision: Expected: 4.25% Actual: 4.25% (25 basis point rate cut) Cryptocurrency bullish!

40 minutes left until explosive cryptocurrency volatility. Are you ready?

$ETH has flipped resistance into support. But it really needs to hold support, or we're headed lower.