• CoinGape Newsletter
  • Posts
  • FOMC Meeting Could Ignite Next Crypto Wave as Traders Eye Rate Cut Signal

FOMC Meeting Could Ignite Next Crypto Wave as Traders Eye Rate Cut Signal

Crypto Moves Faster. Stay Ahead With Bold Insights, Every Day.

Bitwise Solana Staking ETF (BSOL) makes an impressive debut with massive inflows and trading volumes, the biggest crypto ETF launch since Ethereum. However, SOL price slipped below $195 despite whales opening long positions on the ETF launch

Global investors, including those in the crypto market, await key cues from the FOMC Meeting today. During the scheduled two-day meeting of the Federal Open Market Committee (FOMC), officials will decide on the Fed rate cut, monetary policy for the coming months, and possibly end the quantitative tightening (QT).

Bitcoin price has remained steady above $113,000 as the crypto market shows signs of a brief cooldown. Investors are cautious ahead of the U.S. Federal Reserve’s policy decision and Chair Jerome Powell’s expected post-meeting comments.

The ASTER price has shown early signs of stabilization after recent volatility, as fresh whale activity sparks renewed market interest. The token, which previously endured a prolonged downtrend, is now showing technical cues of a possible reversal. Recent accumulation signals suggest growing confidence among larger investors, even as broader market conditions remain cautious. Meanwhile, ASTER’s upcoming buyback plan has added another layer of optimism, reinforcing the possibility of a trend shift.