Emergency FED Meeting Could Set Tone For Crypto Market Direction
Published in
Mar 13, 2023
- Emergency FED meeting decision could affect the market direction in the coming week.
- James Bull thinks the FED might lower interest rates to protect more banks from collapsing.
- Crypto prices could pump or dump, depending on actual CPI figures expected on Tuesday.
Metaverse enthusiast James Bull tweeted that the outcome of an emergency FED meeting scheduled for Monday, March 13, 2023, could significantly affect the crypto market in the coming week. Bull thinks that the financial authorities might lower interest rates to protect banks from facing the type of problems encountered by Silicon Valley Bank.
