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🚨 Countdown to the FED has begun!
According to CME FedWatch data, at the July 29 FOMC meeting, the probability of keeping interest rates unchanged in the 3.50%-3.75 range is 87.2%.
Despite the rise in oil prices, markets give only a 12.8% chance of a surprise 25 basis point rate hike.
Now the real question is:
If the FED keeps rates unchanged as expected and uses a dovish tone at Kevin Warsh, could this trigger a new uptrend wave for the crypto market? 👀
#FED #FOMC #Bitcoin #Ethereum #Crypto #Macro #Trading