Markets Rally Ahead of FOMC, ETH Potentially Declared a Commodity
Dec 14, 2022
body{ background-color:'#041529';} body,table,td,p{ font-size:22px; } body div center ul, body div center li { margin-left: 10px !important; margin-right: 0 !important; } a { color:'#3E84CE'; } .font_small, .font_small td, .font_small p{font-size:16px;} .font_big, .font_big td, .font_big p{font-size:26px;} @media screen and (max-width: 640px){ body,table,td,p{ font-size:28px; } .font_mobile, .font_mobile li, .font_mobile div, .font_mobile p {font-size:30px;} .font_small, .font_small td, .font_small p{font-size:24px;} .font_big, .font_big td, .font_big p{font-size:28px;} } Most Important Daily Data and News for Digital Assets Crypto Daily ReportDecember 14, 2022 THIS MESSAGE IS SENT SOLELY TO MEMBERS OF FS INSIGHT Tickers on this report: BTC, CHZ, ETH Market UpdateAfter a strong rally yesterday off the back of cooling inflation data, markets continue to rise as investors look forward to the FOMC meeting later today. The consensus is that the Fed will raise rates by 50 bps, but attention will be focused on the language of Jerome Powell’s speech and the updated dot plot, which will give insight into where Fed members see the terminal rate falling. The S&P 500 and Nasdaq 100 are both up over 0.50% at the time of writing, while $BTC has surpassed $18k (+2.10%) and $ETH is trading