Markets tumbled on Tuesday as investors braced for the Federal Reserve’s big decision. Bitcoin slid 3.5% to $81,300, while the Nasdaq fell 1.7% and the S&P 500 lost 1.1%. Other cryptos, including Ethereum (ETH), Solana (SOL), and XRP, also saw steep declines.

The Fed’s two-day meeting kicked off, and while a rate cut isn’t expected, traders are anxiously waiting for any hint of a shift. Despite easing inflation, strong job data and consumer spending keep the Fed cautious.

With zero chance of a rate cut in March, traders now eye June (66% probability) for potential relief. If Jerome Powell signals softer policies, markets could bounce back fast but if he holds firm, expect more losses. All eyes are on the Fed will Powell calm investors or trigger another sell off?

Read Full Article :- Bitcoin Falls as Investors Await Federal Reserve’s Key Decision