Coinpedia
2023-07-26 10:28:38

Bullish or Bearish? Here’s How the FOMC Statement Will Impact Bitcoin’s Price

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 …

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