The "FOMC curse" strikes again as the crypto market experiences accelerated declines within the past hour.
BlockBeats News, January 29 — Starting this morning, the crypto market has experienced a continuous decline led by bitcoin. As of press time, bitcoin has fallen below $88,000, with a drop of 1.51% in the past hour, showing signs of accelerated decline.
Last night, the US Federal Reserve FOMC meeting was held. The statement indicated that the US unemployment rate has shown some signs of stabilization, while inflation remains somewhat elevated.
Looking back at the 2025 data, out of last year's eight FOMC meetings, bitcoin experienced a significant correction after seven of them, with only one brief increase, and after the December meeting, bitcoin dropped by 9%. The main reason, according to most analyses, lies in the uncertainty of rate cut expectations or the realization of rate cut benefits. After the first meeting in 2026, the "FOMC curse" seems to be repeating itself.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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