Fed rate decision and Warsh’s speech put $XRP on alert ahead of key market move

Investors across the cryptocurrency sector, particularly those holding XRP, are closely watching the Federal Reserve’s meeting scheduled for October 27-28, as the central bank prepares for its much-anticipated monetary policy announcement. The next 24 hours are expected to bring heightened uncertainty and risk to digital asset markets. Austin Hilton, a prominent cryptocurrency analyst and content creator, stated that both equities and crypto traders are largely expecting the Federal Reserve to raise its base interest rate by 0.25%. As he explained, this increase has already been accounted for in current market prices, with most participants in agreement over its likelihood.

Source: CoinTurk News