News View Non-AMP

Anticipation Builds: Will FOMC Rate Decision Spark a Crypto Rally?

Published by
Nidhi Kolhapur

The crypto market eagerly awaits the upcoming FOMC interest-rate decision by the US Federal Reserve this week. One of the highly anticipated events this week is expected to shape the sentiments in the digital assets space, potentially setting the path for Bitcoin and other altcoins..

Rate Cut Soon?

The digital asset market has reacted positively to the Fed rate cut decision by 0.5% points in the recently concluded FOMC meeting. Crypto investors are assessing what the next easing of the monetary cycle could mean for digital currencies, which are already sailing through a dynamic regulatory environment. 

The latest Job data showed weaker job creation in the US in October, with the unemployment rate remaining unchanged from September. This has fueled hopes of two more rate cuts this year, one in the next week and the other in December. According to the CME FedWatch Tool, there is about a 99% chance of a 0.25% point cut in November.

Will Bitcoin And Altcoins Rally?

The crypto community is anticipating the upcoming FOMC to trigger a rally in Bitcoin and altcoin prices. Besides, the US Presidential Election, scheduled for November 5, will also play a key role in shaping the future of the broader financial markets and the digital assets space.

Historically rate cuts have been favourable to crypto markets. With the Fed reducing rates again, a similar uptrend could be on the horizon for crypto assets. This could be a new bullish chapter for crypto as the combination of a lower interest rate environment, the bitcoin halving, the growing accessibility of spot ETFs, and favorable seasonal trends could lead to an exponential growth of digital assets. 

Potential Risks

However, there could also be risks involved. However, many in the crypto community also warned over potential volatility in the market due to the upcoming US election. Also, the broader economic implications of a Fed’s policy shift might lead to uncertainty, if inflationary pressures resurface or if the rate cut signals deeper concerns about economic stability. Hence investors should closely watch the Fed’s moves and weigh the potential benefits against the risks. 

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Recent Posts

XRP Faces Serious Security Breach, Private Keys Compromised

Recently, XRP faced a major security breach involving one of XRP Ledger's JavaScript libraries. The…

April 24, 2025

Bitcoin Exchange Deposits Plunge, Is 2017- Style Crypto Bull Run Ahead?

The Bitcoin price has surged by 9.4% over the last seven days, with a single-day…

April 24, 2025

Why FXGuys Could Be the Best Altcoin To Buy In 2025 Before the Next Bitcoin Rally

It seems like Bitcoin (BTC) is heating up again. And if history repeats itself, the…

April 24, 2025

NVIDIA Excludes Crypto Companies from Inception Program

NVIDIA has clarified that cryptocurrency-related companies are not eligible for its Inception accelerator program. The…

April 24, 2025

Crypto Scam Losses Soar 66% in 2024, Says FBI Report

Crypto scams are getting worse in the U.S. A new report by the FBI’s Internet…

April 24, 2025

Top 5 Altcoins to Buy Now Before the Crypto Bull Run Hits Its Peak

As the crypto market shows clear signs of recovery, optimism is returning to the scene.…

April 24, 2025