TODAY'S THE DAY, Fed Rate Hike Incoming as Bitcoin Price Chart, Altcoin Market and Stocks Brace

As Bitcoin and the crypto market have a positive morning along with the stock market, coming off a decent earnings season so far, everyone is bracing for the Federal Reserve’s announcement of the next interest rate hike to the Federal Funds Rate, along with their forward looking guidance. This week is undoubtedly one of the most intense weeks from an announcement perspective for markets that we’ve seen all year, especially with GDP figures set to be released on Thursday indicating the United States is in a recession. We’ve seen some positive indicators arrive in the NASDAQ that show strength starting to emerge back into the index, but all attention is on the announcements this week from corporate earnings, Fed interest rates, and GDP, to see how the dust settles.

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