Crypto Market Awaits Fed Decision, Bitcoin’s Surge Sparks Altcoin Movement

Bitcoin has rebounded, breaking past $111,300 as altcoins saw a 1-2% gain. The market is bracing for upcoming inflation data and the anticipated Federal Reserve rate cut pace, creating anticipation about clarity in the Fed’s actions. However, risk appetite remains low for altcoins due to ongoing debates about the Fed’s independence and the Russia sanctions deadline. Expert analysis on WLFI and SEI reveals potential price targets.