Crypto Community Waits for FOMC Impact, Hoping for Bullish Price Reactions

The crypto community is closely watching as the Federal Reserve’s (Fed) upcoming meeting approaches. With hopes of seeing bullish green price reactions in the final months of the year, especially for altcoins, this anticipation is fueled by a potential impact on market sentiment. Analysts are weighing various factors, including the possibility of a 25-bps rate cut and gold’s recent price movements. If historical patterns hold true, cryptocurrencies could experience a surge if a positive business cycle develops. The community awaits clarity from the FOMC meeting to assess future price trends.