Bitcoin traders are bracing for Wednesday’s Fed rate decision, with a 25bps cut already 96% priced in—leaving markets focused on Powell’s comments rather than the move itself. Analysts warn that dovish signals could fuel a crypto rally, while hawkish tones risk flattening or reversing Bitcoin’s recent climb toward $117K.

Bitcoin traders are bracing for Wednesday’s Fed rate decision, with a 25bps cut already 96% priced in—leaving markets focused on Powell’s comments rather than the move itself. Analysts warn that dovish signals could fuel a crypto rally, while hawkish tones risk flattening or reversing Bitcoin’s recent climb toward $117K.
decrypt.co

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