๐ฅ๐ฅ Today ๐ฅ๐ฅ Huge financial events that could turn the crypto market upside down! ๐๐
๐๏ธ Dear followers, here is a summary of the most impactful events today:
1๏ธโฃ FOMC Decision + Q2 GDP Result (July 30)
๐ฅ The Federal Reserve is expected to announce a rate hold, but GDP and employment data may move the market depending on the reading.
๐ฅ Direct impact on BTC and ETH if the numbers come in weaker than estimates.
2๏ธโฃ SEC Approval for In-Kind Redemptions for BTC and ETH Spot ETFs
๐ฅ This decision enhances institutional liquidity and market efficiency, supporting the medium-term upward trend for $BTC and $ETH .
3๏ธโฃ Release of the White House Report on Digital Policy
๐ฅ A statement is being issued today clarifying the government's direction on digital assets and their regulation, according to a previous executive order.
๐ฅ Any confirmation on legislation like the Clarity Act and GENIUS Act may boost institutional confidence in the market.
๐ Today's Advice:
Follow economic data moment by moment, as the market reacts to it within seconds. Preparedness is the key to survival on days like these!
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โ ๏ธ Note: This analysis is for educational purposes only and does not constitute investment advice. Market assessment and financial decision-making are in your hands, think and decide according to your strategy.
