The Fed's upcoming interest rate decision: how will crypto react?
May 4, 2022
Tonight at 8:00 Central European Time, the U.S. Federal Reserve (FED) will announce the new interest rate. Will it indeed go up by 0.5%, as the market expects? If it's going to be more and/or if Chairman Powell uses stern language, equities and crypto might panick. If the decision is not as bad as expected, prices could rally.