Bitfinex Reveals Insights on BTC Behavior Post-FOMC Meetings
Photo: Coinfomania
Bitfinex reveals Bitcoin's average performance during FOMC meetings. Here's how it could affect trading strategies. BTC saw an average rise on FOMC days but a drop afterward. Bitfinex recently shared insights on Bitcoin’s performance around Federal Open Market Committee (FOMC) decisions. The analysis reveals that Bitcoin has historically averaged a 0.9% rise on FOMC announcement days, followed by an average decline of 0.6% over the subsequent five days. This information is crucial for traders as they navigate upcoming market dynamics. For further details, refer to the source .
Source: Coinfomania
