As the Federal Reserve gears up for its June 18 FOMC meeting, cryptocurrency traders are braced for possible market moves. With Bitcoin and altcoins sensitive to economic signals, all eyes will be on the Fed's decisions and remarks from Chair Jerome Powell. The Fed will announce its interest rate decision at 2:00 PM ET on June 18, 2025, along with an updated economic forecast and Powell's press conference scheduled for later that afternoon. Current market expectations suggest a 97.5% likelihood that the Fed will not cut rates this month, keeping them stable in the 4.25% to 4.50% range due to ongoing inflation pressures and geopolitical tensions. Investors will particularly focus on Powell's comments for any hints regarding future rate cuts. According to CME FedWatch data, markets anticipate a potential cut by September, but a measured approach is expected at this meeting, likely reflected in the updated projections for 2025. While the rate decision itself is unlikely to be surprising, Powell's speech could shift market sentiments. Concerns over economic growth or indications toward easing may incite movements in the crypto space. Two scenarios could act as catalysts for Bitcoin's price: a reduction in geopolitical tensions and Powell's dovish remarks. With negative funding rates for Bitcoin indicating an over-leveraged bearish sentiment, a positive shift could trigger a short squeeze, boosting the crypto market.
Upcoming FOMC Meeting: What to Expect from Powell's Address
The Federal Reserve's FOMC meeting on June 18, 2025, is poised to influence crypto markets as traders await insights from Jerome Powell.
Jamie Bennett
Crypto Analyst
5 min read
8,016
Analysis
Market Sentiment
Bearish
Neutral
Bullish
News Impact
9/10
Credibility: 8/10
Trading Recommendation
BTC
BTC
BUY
Entry Price
$29500
Confidence
80%
Stop Loss
$28500
Take Profit
$31000 - $32000
The overall sentiment is bullish due to potential dovish comments from Powell, which may trigger a rally in the crypto market.
