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cryptonews
2023-05-01 09:57:00

Why is Crypto Crashing - FOMC Meeting This Week, Best Coins to Buy the Dip

Why is Crypto Crashing - FOMC Meeting This Week, Best Coins to Buy the Dip

The cryptocurrency market has fallen by 1.9% today, with its total cap dropping to $1.23 trillion in the past 24 hours as investors de-risk in anticipation of this week's FOMC meeting. The expectation is that the Federal Reserve will announce its 10th-consecutive rate hike when it meets on tomorrow and Wednesday, bringing its funds rate between 5% and 5.25%, its highest level since July 2007.... Read More: Why is Crypto Crashing - FOMC Meeting This Week, Best Coins to Buy the Dip

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