![Bitcoin-BTC-Price-Flat-as-FOMC-Leaves-Rates-Unchanged-Powell.jpg Bitcoin (BTC) Price Flat as FOMC Leaves Rates Unchanged; Powell Press Conference Upcoming](https://cryptotoptrends.com/wp-content/uploads/2023/11/Bitcoin-BTC-Price-Flat-as-FOMC-Leaves-Rates-Unchanged-Powell-678x381.jpg)
“Fed interest rate decisions have seen reduced medium-term directional impact on BTC as correlations reign moderate, K33 analysts Anders Helseth and Vetle Lunde noted in a market preview Tuesday. “We still expect a significant intraday volatility contribution from the Wednesday FOMC, as the market typically reacts with bursts of strongly correlated and heightened volatility during the FOMC hours.”
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