Implications of tomorrow’s Federal Reserve FOMC meeting on Bitcoin and cryptocurrency

A 25 basis point cut by the Federal Reserve may boost Bitcoin prices and overall market liquidity, potentially leading to new record highs. Whales are making large trades, showing significant market confidence ahead of the meeting.

The upcoming Federal Reserve meeting is crucial, as it follows the U.S. Government shutdown. Analysts suggest that Bitcoin’s performance may thrive under a favorable rate cut announcement, indicating bullish sentiments prevalent among key market players.

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