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Why FOMC Could Propel Crypto Market Cap to $4T

source-logo  coingape.com 18 September 2024 12:18, UTC

The upcoming U.S. Federal Open Market Committee (FOMC) meeting could be key in propelling the crypto market cap to $4 trillion. With the market eagerly awaiting the Fed’s decision on interest rates, the outcome could have significant implications for various asset classes, including cryptocurrencies. Amid the current economic volatility, the crypto market is especially sensitive to changes in interest rates, and a Fed rate cut could trigger a bullish run in the crypto space.

coingape.com