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.
Content Editor ( u.today )
- 2025-01-27
What's Next for Crypto? Fed Meeting, Inflation Data to Shape Markets
