This is a big week for crypto holders, as this Wednesday, July 31, will see another Federal Open Market Committee (FOMC) meeting. During the meeting, members will discuss developments in the local and global financial markets, but also economic and financial forecasts. No rate hikes in July, followed by potential rate cuts in SeptemberThe upcoming FOMC meeting is big news for the crypto world, as the participants are expected to make a decision regarding further rate hikes. However, currently, community members speculate that the likelihood of no new rate hikes in July has reached nearly 96%. Current predictions say that there is a 90% probability of rate cuts happening, which is highly bullish news.
