How Fed meeting sets up Bitcoin to hit $220,000 price. ‘More decisively bullish’

Today’s Federal Reserve meeting will set the stage for Bitcoin to rally into the new year, according to analysts. Their bullishness hinges on the expectation that Fed Chair Jerome Powell will deliver a 0.25% interest rate cut and provide crypto traders with a much needed breather. The CME FedWatch tool shows an 88% probability of a quarter-point cut today, with Polymarket bettors even more confident at 96%. “I expect the digital asset space to react positively,” Andrew Forson, president of crypto firm D ...