Will the cryptocurrency market pullback after the FOMC meeting? The question is on everyone's mind, especially with Bitcoin (BTC) at $84,106 and altcoins showing strength ahead of the upcoming Federal Open Market Committee (FOMC) meeting. However, many worry that the recent rally could see a pullback after the Federal Reserve’s FOMC meeting. The cryptocurrency markets have Altcoins To Take Nosedive Before FOMC Meet? Currently, the total crypto market cap, excluding Bitcoin, stands at $1.02 trillion, witnessing a pullback of nearly 2.5%.
Crypto Market on Edge Awaiting FOMC Decision
Bitcoin (BTC) and the broader crypto market await Wednesday’s FOMC (Federal Open Market Committee) meeting and the subsequent Jerome Powell press conference. The crypto market is on edge as investors await the Fed’s interest rate decision at the FOMC meeting. Most expect rates to stay the same, but what happens if the Fed signals a different path?
Potential Scenarios and Market Reaction
If the Fed takes a hawkish stance, suggesting further rate hikes or a delay in rate cuts, we could see a sell-off in crypto and stocks as traders pull back, bracing for more economic trouble ahead. Ultimately, how the crypto market reacts will depend on the tone and substance of the FOMC's announcements. Keep a close watch on market movements and be prepared for potential volatility following the FOMC meeting on Sept 17, 2025.