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lmfao bitcoin drops 1.11% after fed meeting, eth, sol, xrp, bnb follow suit 📉 market cautious, uncertainty, inflation risks lurking, traders eye pullback 🚀 analysts monitoring order flow, vol
Bitcoin (BTC) saw a 1.11% hourly drop after the Fed maintained interest rates. This marked the largest one-hour correction since July 14. Ethereum (ETH), Solana, XRP, and BNB also followed suit with declines. The market turned cautious post-Fed meeting, with uncertainty and inflation risks looming. Traders are now eyeing potential further pullback. Analysts emphasize monitoring order flow responses, volatility changes, and funding rate dynamics for confirmation. 📉
Bitfinex analysts noted mixed economic indicators, with stable growth but concerns about inflation. The Fed’s cautious stance amidst inflation risks suggests potential pullbacks for Bitcoin and ETH. Traders should watch order flow responses and volatility post-FOMC for confirmation. 🧐
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