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FOMC impact crypto Flash News List | Blockchain.News
Flash News List

List of Flash News about FOMC impact crypto

Time Details
2025-05-06
11:34
Gold Peaks Ahead of FOMC: Impact on ETH and Altcoins Price Drops – Crypto Trading Analysis

According to Michaël van de Poppe (@CryptoMichNL), gold prices are reaching new highs ahead of the FOMC meeting, directly contributing to a continued decline in Ethereum (ETH) and altcoin markets. This inverse correlation is crucial for traders, as capital is shifting from high-risk crypto assets to traditional safe havens like gold in anticipation of monetary policy updates (Source: Twitter/@CryptoMichNL, May 6, 2025). Monitoring gold's price action and FOMC developments is essential for crypto market participants seeking to anticipate further volatility and adjust trading strategies accordingly.

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