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What's Next for Crypto? Fed Meeting, Inflation Data to Shape Markets

What's Next for Crypto? Fed Meeting, Inflation Data to Shape Markets
In the cryptocurrency market, investors are preparing for a busy week as they await the Federal Reserve's monetary policy decision and new inflation data. Traders are expecting the Fed to keep interest rates steady, with a 99% chance according to the CME Group's FedWatch tool. Bitcoin fell below $99,000 as traders took profits ahead of the Fed meeting. Other cryptocurrencies like Solana and Dogecoin also experienced significant losses. Overall, the market saw $860 million in liquidations and a negative start to the week for cryptocurrency prices.

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