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FOMC Day: $BTC Market Compression
Before the Move
Today's FOMC meeting under Jerome Powell is basically a "no surprise" event on paper -markets are pricing in a 100% probability of no rate change. But as always, the real volatility usually comes not from the decision itself, but from Powell's tone during the press conference.
One slightly hawkish sentence can easily shift sentiment across equities and crypto in minutes.
At the same time, energy markets are staying hot - Brent oil is hovering around $106, supported by ongoing geopolitical tension in the Middle East.
On-chain and ecosystem signals continue to show mixed but important activity:
An early Ethereum ICO participant resurfaced after ~10 years and moved 10,000 ETH (~$22.88M) into a new wallet - a rare long-dormant supply activation event
f2pool resolved a Litecoin blockchain reorganization incident, stabilizing network conditions after short-term disruption
Overall, volatility is just waiting for a trigger.
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