The Fed's move this time, to put it plainly, is like pouring cold water on the market.

Previously, everyone assumed that inflation was nearly under control, and the Fed would soon cut interest rates and loosen policy, causing money to flow into high-risk assets like stocks and cryptocurrencies, with Bitcoin and altcoins soaring together.
But this meeting directly confused everyone: they didn't raise rates, and the voting was surprisingly split 8:4—half thought rates should be cut, half said inflation was still unstable and they couldn't loosen.
Now the market is completely panicked—turns out rate cuts are not a sure thing, and high interest rates might last even longer.
In a high-rate environment, putting money in banks for interest is more profitable than buying coins, so who would want to hold assets like coins that have no interest and are highly volatile?
The data is very straightforward—Bitcoin ETFs alone saw nearly $90 million exit on the same day, and the coin price dropped by 1.35%.
Basically, institutional funds are fleeing to safe havens first, since no one wants to take risks amid uncertainty.
In the short term, the crypto market will definitely be volatile, with funds holding back and not daring to move, especially those altcoins without any real story—no one dares to touch them.
But it doesn't mean there's no hope; as inflation data comes down and the Fed signals a rate cut, releasing liquidity, the crypto market can still catch a ride.
Right now is just a period of turbulence before dawn—don't recklessly leverage or mess around.