Can US FOMC Hinder Bitcoin Price Rally To $100K?

The crypto market now eagerly awaits the US FOMC and Fed Chair Jerome Powell’s speech as optimism soars after Donald Trump’s presidential win. The investors are betting towards a 25 bps Fed rate cut later today, with many anticipating these developments to send Bitcoin price to $100K soon. However, despite that, some have issued warnings over the event’s potential to spark volatile trading in the market.