In 3 Hours Jerome Powell Will Cause A Huge Bitcoin Breakout [Fed Rate Hike]

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On May 3rd, 2023, at 2 PM Eastern Daylight Time, the Federal Open Market Committee will decide on raising the Effective Federal Funds Rate by 0.25%. This increase will have huge knock-on effects sweeping across the global economy, majorly impact the United States Dollar, and cause a large movement on Bitcoin. In this episode of Climate of Crypto, we will discuss the FOMC decision which will be announced within the next 3 hours. Let's go ahead and DIVE right on into it!

#bitcoin #fedratehike #bitcoinpriceprediction

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Citations:

* https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm

* https://www.federalreserve.gov/monetarypolicy/files/monetary20230322a1.pdf

* https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

* https://www.coinglass.com/LiquidationData

I am not a financial adviser; this is not financial advice. I strongly encourage all to do their own research before doing anything with their money. All investments/trades/buys/sells etc. should be made at your own risk with your own capital.
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