Crypto Markets Lose $40 Billion Ahead of Powell's Final FOMC Decision

The news headline indicates that crypto markets experienced a $40 billion loss in value ahead of the FOMC decision. This reflects cautious investor sentiment and expectations of potential volatility. Technical indicators present a neutral picture: RSI at 58 is neither overbought nor oversold; MACD remains below the signal line but in positive territory; and the price is trading above SMA20 and SMA50. In the short term, until the FOMC decision becomes clear, the market is expected to struggle to find direction and fluctuate around current levels.

ETH is trading at $2,369, experiencing a slight 24-hour decline. The RSI stands at 49.8, indicating a neutral zone with no overbought or oversold signals. The MACD line remains below the signal line, pointing to short-term weakness. The price is trapped between the SMA20 ($2,374) and SMA50 ($2,368) averages, increasing directional uncertainty. The reported $40 billion loss and uncertainty ahead of Powell's FOMC decision may lead to cautious waiting in the market. Therefore, no clear direction is expected in the short term.

Following the FOMC decision by Powell, the crypto markets suffered a $40 billion loss, sending a negative signal to crypto‑focused companies such as COIN. Technical indicators reinforce this trend: the MACD lies below its signal line, the RSI sits at a moderate level, and the price is slightly below the 20‑period simple moving average (SMA20). Although a 5 % rise in the last 24 hours may indicate a short‑term rebound, the decline in risk appetite suggests a high probability of a subsequent price decline. In the near term (1–3 days), COIN’s price is expected to experience a modest correction.

Before the FOMC meeting, crypto markets shed $40 bn, a move that could negatively affect MSTR’s Bitcoin holdings. Technical indicators, however, suggest that the price remains above both the 20‑period and 50‑period simple moving averages (SMA20 and SMA50) and, coupled with a strong MACD, points to a short‑term tendency to stay above resistance levels. The RSI sits at 66.9, close to the over‑bought zone but not yet at a critical threshold. Consequently, a modest correction over a 1‑3 day horizon is anticipated, while the probability of a sharp decline remains low. Investors are advised to exercise caution amid crypto market volatility.