FOMC day alert: Bitcoin and Ethereum price prediction

Crypto is entering a volatile stretch as investors await the Federal Reserve’s rate decision at 2:00 p.m. ET. Fed Chair Jerome Powell takes the mic 30 minutes later.

Rates staying put is the base case, and markets are fully expecting it.

Macro uncertainty keeps traders on edge

With a 97%+ chance of no rate hike, this outcome is already priced in. What really matters is how Powell talks about inflation, the economy, and future policy. Even small shifts in his message have sparked big market moves in the past.

Crypto markets are in a wait-and-see mode. Past government shutdowns have spiked volatility, and Bitcoin has felt the pain, while fiscal concerns keep traders nervous. Many are bracing for the FOMC to add fuel to the uncertainty. Rate-cut expectations have cooled, making Powell the center of attention.

A hawkish stance on inflation or economic strength could spook the markets, but if there’s a suggestion that cuts could return later this year, crypto might bounce back with a bullish reaction.

Bitcoin price prediction: Range-bound but vulnerable

Bitcoin price is showing caution. Bitcoin (BTC) is near $90,200, trading in a narrow range as traders await the Fed. The soft momentum is a sign of caution, not a strong bullish push.

On the charts, Bitcoin is still stuck below $92,000 resistance. A rejection could drag it toward $85,000, especially if Powell cools hopes for easing. The short-term Bitcoin price prediction is cautious, and volatility could jump after the FOMC.

Ethereum price prediction: Signs of relative strength

Ethereum price is holding firm. Ethereum (ETH) stays above $3,000, with buyers defending key support while the market pauses. Like Bitcoin, ETH is consolidating, but its technical picture looks better.

If the FOMC sparks favorable volatility, ETH could jump above $3,300 and aim for $3,500. Fall below $3,000, though, and it might slide toward $2,700. The near-term Ethereum price prediction will hinge on how traders interpret the Fed’s guidance

Outlook after the FOMC

In short, the Bitcoin and Ethereum price predictions still hinge on macroeconomic signals. Interest rates are expected to hold steady, but Powell’s tone will likely determine how much risk investors are willing to take. With uncertainty set to clear after the FOMC meeting, traders should be prepared for sharp moves in crypto prices.