5min chapter

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Live Reaction to JPow Fed Pause, Mixed Messages + Bitcoin | E352

Bitcoin & Markets

CHAPTER

Introduction

Today is FOMC Day, so we are going to be waiting for that to drop here in the next couple of minutes. The consensus view is of a pause; it's showing 98.8% that it will be a pause. Bitcoin is up slightly on the day but still looking like a bear flag. If they hike, it could be disastrous. We'll see. Overall, the market is saying that by the end of the year, rates will be lower. So that they will have to cut before theend of the year. Still nothing on this website. One minute to go.

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