The post Bullish or Bearish? Here’s How the FOMC Statement Will Impact Bitcoin’s Price appeared first on Coinpedia Fintech News
The much-awaited Federal Open Market Committee (FOMC) statement by the United States Federal Reserve, scheduled for Wednesday, is anticipated to have a significant impact on the price of Bitcoin, leading to increased volatility. Given that the US dollar constitutes a substantial 58 percent share of the global reserve currency, its economic prospects are closely intertwined …