Tomorrow’s Decision (E18)

Absolutely, it has been an eventful period for Bitcoin (BTC) with its remarkable all-time highs, and the stock market has also been quite dynamic. The anticipation surrounding Jerome Powell’s upcoming speech, where he will unveil the Fed’s decision on the interest rate, is palpable. The potential outcomes range from a rate hike to a rate cut, or the decision to maintain the status quo. Should a cut materialize, both the market and BTC are poised to experience a substantial rally. Conversely, a rate hike might lead to a market pullback. We are all eagerly awaiting the verdict, as it holds significant implications for the financial landscape.