The FOMC meeting is upon us. The Federal Reserve's monetary policy is one of the most important factors driving Bitcoin's big trends. Will we get more aggressive rate cuts or none at all? Will the pace of balance sheet reduction change? What will be the guidance for upcoming months? These decisions will impact financial conditions and money supply growth. Both heavily affect Bitcoin. Let's review the macro conditions, what the Fed is likely to do, and what this means for Bitcoin. The Ecoinometrics newsletter gives you insights from crypto and macro data to help you make better investment decisions. We spend hours every day gathering data, creating metrics and bringing them to life with data visualizations that allow you to quickly get to the heart of things. We then distill all that knowledge in each issue of the newsletter with less words and more charts so that you get insights, direct to the point, in five minutes or less. Join more than 25,000 investors here: Done? Thanks! That’s great! Now let’s dive in. Bitcoin Likely Undisturbed By The Fed MeetingThe TakeawayThe upcoming FOMC meeting looks set for a small rate cut as the Fed balances stubborn core inflation against a strong labor market. This stable macro environment, combined with Bitcoin's recent break above $65,000 and steady ETF inflows, suggests a period of measured growth ahead without the extreme volatility. Core Inflation Looks Uncertain...Continue reading this post for free in the Substack app |
Monday, November 4, 2024
Bitcoin Likely Undisturbed By The Fed Meeting
Subscribe to:
Post Comments (Atom)
Popular Posts
-
During a crypto cycle where few communities are feeling their best, Hyperliquid is continuing to make its fans happy with major new upgrade...
-
Good opsec can't protect you from every attack vector in crypto, but our resident DeFi explorer has some tips to help you keep your fun...
-
The best thing right now is to find protocols with great fundamentals that you can hold for 6-12 months. Since mar...
-
Weekly Recap: Circle reportedly entertaining buyers, Sui deals with DEX exploit. ...
-
Also Bitcoin Is Getting Closer To Test Its Long-Term Trend & Inflation Is Rising Again ͏ ͏ ͏ ͏ ͏ ͏ ͏...


No comments:
Post a Comment