Fearing A Large Interest Hike? These Factors Can Make The Fed Pivot

The crypto market is in a major rut as prices barely have any bullish sentiments before the Fed’s big decision. The market is completely dependent on the result of the FOMC meeting. A bad reading of inflation in the US Consumer Price data means that the Fed is set to move forward with another jumbo hike. However, certain factors in the broader market may cause the Fed to pivot, causing a strong rally.