The Fed is widely expected to keep rates unchanged, with prediction markets like Polymarket pricing in a 98% chance of no adjustment. However, growing speculation around a potential pivot has stirred uncertainty, especially after President Trump hinted earlier this week that Jerome Powell seemed open to future cuts following their private meeting.
Bitcoin is holding steady around $118,400 at the time of writing, up modestly over the past 24 hours. But that stability could be short-lived depending on the Fed’s tone. Analysts warn that stubborn inflation and recent strong labor data may leave the central bank leaning hawkish, even as political and market pressures grow for easing.
Edward Moya, a senior analyst at OANDA, noted on CNBC that crypto remains highly reactive to interest rate expectations. “A dovish Fed could reignite bullish momentum, but a surprise hike or prolonged tightening could pressure risk assets even further,” he said.
Historically, higher interest rates reduce the appeal of speculative assets like Bitcoin, driving capital toward safer instruments such as government bonds. With market sentiment hanging in the balance, today’s Fed statement may become a key catalyst — not just for crypto, but for the entire risk-on landscape.
The post Crypto News Live: Fed Decision Today Could Shake the Market – What Does it Mean for Bitcoin? appeared first on Coindoo.
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