What is the impact of FOMC meeting time on the price of cryptocurrencies?

1 answers

• Nov 29, 2021 · 3 years ago
  The impact of FOMC meeting time on the price of cryptocurrencies is a subject that has been widely discussed in the cryptocurrency community. While it is true that the decisions made during these meetings can have an impact on the broader financial markets, including cryptocurrencies, it is important to approach this topic with caution. The cryptocurrency market is highly volatile and influenced by a multitude of factors, such as market sentiment, technological advancements, regulatory changes, and macroeconomic trends. While the timing of FOMC meetings can create short-term price movements, it is crucial to consider the bigger picture and not solely rely on the outcomes of these meetings when analyzing the price of cryptocurrencies.
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