The S&P 500 futures have been a leading indication for BTC price direction since this morning.
The stock market has gained strength over the last two days, with prices currently nearing the top of the range.
If we witness a breakout above, it's possible that this will spill over into the crypto market.
Today is also the FOMC Fed meeting, which is expected to hike interest rates. Historically, this has resulted in stock market volatility, which could lead to instability in the crypto market.
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☑️ Create a civil and healty discuss in the comments and share with me your thoughts
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The stock market has gained strength over the last two days, with prices currently nearing the top of the range.
If we witness a breakout above, it's possible that this will spill over into the crypto market.
Today is also the FOMC Fed meeting, which is expected to hike interest rates. Historically, this has resulted in stock market volatility, which could lead to instability in the crypto market.
<---------------------------->
☑️ Follow, Comment & Like
☑️ Create a civil and healty discuss in the comments and share with me your thoughts
Thanks and Happy Trading!