The Most Unpredictable FOMC Meeting in Years Is Here: What Bitcoin Investors Should Know

Here's why today's meeting is quite historic and how it can impact crypto markets. The United States Federal Reserve will announce its interest-rate decision later today, but, unlike essentially every meeting in the past six years, markets remain divided over what comes next. Bitcoin investors seemingly de-risked yesterday in what appeared to be a blatant sell-off ahead of the key event. The question now is what follows. Why So Much Unpredictability Now The Federal Open Market Committee began its two-day meeting on July 28 and will publish its decision at 2:00 p.m. ET today. Chairman Kevin Warsh’s press conference will follow approximately 30 minutes later, in which investors will seek clues for what the central bank’s policy will be for the remainder of 2026. The current benchmark rate stands between 3.50% and 3.75%. Although most experts still believe it will be left unchanged, futures markets recently assigned a probability of up to 38% to a surprise 25-basis-point hike. According to the analyst at the Kobeissi Letter, these expectations are among the most divided in recent history. They explained that nearly every Fed meeting since the COVID-19 pandemic in March 2020 entered de...