Coin Gabbar Token

<h2 id="header-0">The cryptocurrency market has continued its downward trend ahead of today&#39;s (September 21) interest rate decision.</h2>Bitcoin has once again slipped below the $19,000 mark. It has dropped by more than 11% in the last seven days.Following a brief bounce, <a href="https://www.coingabbar.com/en/crypto-currency/ethereum-eth-prices-usd" rel="noopener noreferrer nofollow">Ethereum price</a> is currently trading below the $1.35K mark. The altcoins continue to fall as the Fed maintains unfavorable macroeconomic circumstances for crypto.The Federal Reserve will make a significant decision today (September 21) that will impact the risk asset market. The Federal Open Market Committee will make a decision on the next interest rate hike. The FOMC is the Federal Reserve&#39;s monetary policymaking committee.According to an American media outlet, wall street traders are now clearly expecting a 75 bps rise and have already priced in a 100 bps hike as well. The CME Fed Watch Tool displays an 82% possibility of a 75 bps hike and an 18% chance of a 100 bps hike.How Crypto Traders Are Preparing For Major Fed DecisionThe majority of <a href="https://www.coingabbar.com/en/cryptocurrency" rel="noopener noreferrer nofollow">cryptocurrency</a> traders anticipate a 75 basis point hike. Many analysts believe that a 75 basis point hike will result in a crypto surge since it is completely priced in. This price fluctuation does have a historical precedent.In June, when the Fed raised interest rates by an unusually hefty 75 basis points, the crypto market collapsed. At that time, the <a href="https://www.coingabbar.com/en/crypto-currency/bitcoin-btc-prices-usd" rel="noopener noreferrer nofollow">Bitcoin price</a> experienced its worst fiscal quarter in over a decade. However, a similar-sized increase in July had no detrimental influence on the market. In fact, the markets rebounded after a short drop.JP Morgan has previously predicted the risk assets market&#39;s bottom. However, if the Fed proceeds with a more aggressive 100 basis point hike, the markets may collapse again.When Will The Decision Be MadeThe Federal Open Market Committee will deliberate on the next <a href="https://www.coingabbar.com/en/crypto-currency-news-english/crypto-observers-puzzled-future-amid-fed-interest-rate-hike" rel="noopener noreferrer nofollow">interest rate hike</a> during its meeting today (September 21). The decision is likely to be made public at 8:00 a.m. Eastern Time, or 6:30 p.m. IST.Read also: <a href="https://www.coingabbar.com/en/crypto-currency-news-english/bitcoin-will-win-battle-regulation-according-mike-novogratz" rel="noopener noreferrer nofollow">Bitcoin Will Win The Battle Of Regulation, According to Mike Novogratz</a>

Crypto Market Turns Red Ahead Of Major Fed Decision

Table of Contents

Coingabbar

Other articles published on Sep 21, 2022

Cross Chain Bridges & The Evolving Crypto Industry

Step verification and fraud detection

#AlgoBlocks Exclusive Staking Pool — LIVE today at 08:00 UTC

BNB Chain Advocates Program: We Want You!

📡 #AlgoBlocks Community Update (August)

#MONIPEDIA - GAMEPLAY

Join our free newsletter for daily crypto updates!