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Business & Economics

Cryptocurrencies Price Prediction As Crypto Market Braces for Fed's Interest Rate Decision, FOMC

CoinGape
Summary
Nutrition label

64% Informative

Analysts anticipate that the crypto market may have already priced the interest rate decision.

99% of investors at the CME expect that Fed officials will leave interest rates unchanged.

The focus will be on the speech by Fed Chair Jerome Powell for clues on whether he has shifted to a more dovish stance.

If Powell ’s speech and the FOMC minutes reveal a hawkish stance, it will most likely stir a decline in cryptocurrencies price.

VR Score

44

Informative language

31

Neutral language

35

Article tone

formal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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