
{"id":23383,"date":"2024-11-25T17:04:30","date_gmt":"2024-11-25T17:04:30","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=23383"},"modified":"2024-11-25T17:04:30","modified_gmt":"2024-11-25T17:04:30","slug":"what-does-fomc-minutes-tomorrow-mean-for-bitcoin-price-and-crypto-bull-run","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=23383","title":{"rendered":"What Does FOMC Minutes Tomorrow Mean For Bitcoin Price and Crypto Bull run?"},"content":{"rendered":"<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">This week, the financial world and Bitcoin price are bracing for a cascade of <a href=\"https:\/\/99bitcoins.com\/news\/feel-good-friday-huge-dogecoin-pump-fomc-dump-new-trump-chief-of-staff\/\">critical economic reports<\/a>, including the Federal Open Market Committee minutes (FOMC), alongside a high-stakes event within the cryptocurrency market.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">From Federal Reserve deliberations to the expiration of billions in <a href=\"https:\/\/99bitcoins.com\/news\/blackrocks-bitcoin-etf-options-drive-2-billion-in-trades-pushing-btc-to-94k-high\/\">Bitcoin and Ethereum options<\/a>, a perfect storm of factors could amplify volatility in the days ahead.<\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/x.com\/FastBullEN\/status\/1860929748102422739\" target=\"_blank\" rel=\"noopener\">FastBull<\/a>)<\/p>\n<h2 class=\"font-bold text-body leading-[24px] pt-[12px] pb-[2px] [&amp;_a]:underline-offset-[6px] [&amp;_.underline]:underline-offset-[6px]\">Federal Reserve FOMC Minutes Set the Tone for Risk Assets Like Bitcoin Price<\/h2>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Wednesday, November 27, marks the release of the Federal Reserve\u2019s November meeting minutes\u2014a date that holds <a class=\"general-link\" title=\"Feel Good Friday: Malone Lam Crypto Heist, Altcoin Season Index, Federal Reserve Slashes Interest Rates\" href=\"https:\/\/99bitcoins.com\/news\/feel-good-friday-malone-lam-crypto-heist-altcoin-season-index-federal-reserve-slashes-interest-rates\/\" target=\"_blank\" rel=\"noopener\">Wall Street\u2019s collective attention<\/a>. Investors will comb through, looking for any shifts in strategy, like rethinking the 2% inflation benchmark or easing up on rates. Any lean toward monetary loosening could jolt risk assets to life, and crypto won\u2019t miss the party.<\/p>\n<p>\u201cThe Fed\u2019s policy direction in these uncertain times could determine the trajectory of global financial markets,\u201d said financial analyst Mark Brown.<\/p>\n<p><blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">This week will have very low trading volumes due to holidays.<br><br>Massive buy backs continue regardless.<br><br>Unless Tue FOMC minutes were written by a bipolar FED staffer&#8230;<br><br>We have a beautiful set up this week.<br>\ud83d\udcc8\ud83d\ude80\u2764\ufe0f<\/p>&mdash; Felix Prehn \ud83d\udc36 (@financefelix) <a href=\"https:\/\/twitter.com\/financefelix\/status\/1861055149432545449?ref_src=twsrc%5Etfw\">November 25, 2024<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Inflation takes center stage on Wednesday, November 27, as <a href=\"https:\/\/99bitcoins.com\/news\/no-ethereum-layer-2s-are-not-parasitic-theyre-massive-for-eth-demand\/\">the PCE price index<\/a>\u2014the Fed\u2019s go-to metric\u2014will drop for investors to view. Most forecasts put it at a modest 0.2% month-over-month and 2.3% year-over-year.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Stripping out food and energy, core PCE inflation could hit 2.8%, hinting at mounting economic strain. Adding weight to the day, Q3 2024 GDP revisions are set to give a sharper read on economic performance.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Also on the calendar is the revision of U.S. GDP figures for Q3 2024, which will provide a fresh lens into the nation\u2019s economic health. No matter how the data lands\u2014above or below projections\u2014its shockwaves will ripple through the markets, shaking up everything from blue chips to meme coins.<\/p>\n<p><strong>DON\u2019T MISS:\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\">Best New Cryptocurrencies to Invest in 2024<\/a><\/strong><\/p>\n<h2 class=\"font-bold text-body leading-[24px] pt-[12px] pb-[2px] [&amp;_a]:underline-offset-[6px] [&amp;_.underline]:underline-offset-[6px]\">Traders Prepare for Volatility with $10 Billion in Bitcoin and Ethereum Options Expiring<\/h2>\n<p>Another layer of tension is that on November 29, $10 billion worth of crypto options hit their expiration dates, creating an electric charge in the market. Bitcoin leads the action, with $9.1 billion tied up and a put\/call ratio of 0.80, while Ethereum\u2019s $1.24 billion wagers reflect a 0.77 ratio.<\/p>\n<p>The max pain levels\u2014$77,000 for Bitcoin and $2,800 for Ethereum\u2014are a battleground of diverging predictions, setting traders on edge.<\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/beincrypto.com\/3-4-billion-bitcoin-and-ethereum-options-expiring\/\" target=\"_blank\" rel=\"noopener\">Derbit<\/a>)<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Mega options expirations like these often spawn short-lived market chaos as traders scramble to reposition. \u201cPullbacks may come,\u201d veteran trader Peter Brandt remarked, \u201cbut the long-term bull run for crypto stands firm.\u201d<\/p>\n<h2 class=\"font-bold text-body leading-[24px] pt-[12px] pb-[2px] [&amp;_a]:underline-offset-[6px] [&amp;_.underline]:underline-offset-[6px]\">Crypto Faces a Crucial Intersection<\/h2>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">The question remains whether cryptocurrencies will weather this dual challenge with resilience or see intensified volatility that tests investor confidence. For now, all eyes are on this action-packed week that could redefine short-term narratives across both traditional and digital financial landscapes.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Whether you\u2019re a crypto enthusiast or an economic observer, this week promises to deliver key insights\u2014and the potential for dramatic market shifts. Buckle up because volatility is knocking at the door.<\/p>\n<p><strong><span>EXPLORE<\/span><\/strong><span>:\u00a0<\/span><strong><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\"><span>20 New Crypto Coins to Invest in 2024<\/span><\/a><\/strong><\/p>\n<p><a class=\"external\" href=\"https:\/\/discord.gg\/QneEHUjm\" target=\"_blank\" rel=\"noopener\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/what-does-fomc-minutes-tomorrow-mean-for-bitcoin-price-and-crypto-bull-run\/\">What Does FOMC Minutes Tomorrow Mean For Bitcoin Price and Crypto Bull run?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\"><\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>This week, the financial world and Bitcoin price are bracing for a cascade of critical economic reports, including the Federal Open Market Committee minutes (FOMC), alongside a high-stakes event within the cryptocurrency market. From Federal Reserve deliberations to the expiration of billions in Bitcoin and Ethereum options, a perfect storm of factors could amplify volatility [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":23384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-23383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/23383"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23383"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/23383\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/23384"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}