US FOMC Meeting LIVE Updates: Crypto Market Holds Firm With Focus On FOMC Decision

US FOMC Meeting LIVE Updates: The crypto market was up today, ahead of the much-awaited FOMC decision, which might set the stage for potential future moves in the crypto market. However, despite a positive momentum in the broader market, Bitcoin prices slipped over 1% and traded below the $43,000 mark.

According to the CME FedWatch Tool, there is a 97.9% probability that the Federal Reserve to keep the interest rate unchanged. Notably, the speech of Fed Chair Jerome Powell will be closely watched by investors for clues on the potential moves by the central bank and the economic health of the nation.

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