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Trading Recommendations for the Cryptocurrency Market on June 18
Bitcoin is trading below $64,000, while
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Bitcoin is trading below $64,000, while Ethereum is around $1,730 after yesterday's FOMC meeting, during which interest rates were left unchanged.The first FOMC meeting under Kevin Warsh concluded predictably in form but alarmingly in content. The rate was kept unchanged; however, the published economic forecasts were more hawkish than the market had anticipated. Against this backdrop, Bitcoin fell by about 2.2% to $64,150, while Ethereum lost 3.6%. XRP and Solana both dropped by 3%, and HYPE retreated by 1.5% to
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Miroslaw Bawulski,
Analytical expert of InstaForex
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Maxim Magdalinin
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