Publikovat

The Fed chairman essentially told the market: “Don’t count on cheap money and rapid interest rate cuts right now.” This message is a brake on risky assets, because when the probability of a rate cut decreases or even the market takes the possibility of a rate hike more seriously, the dollar and bond yields gain strength and money flows out of riskier sectors. According to Reuters, the Fed kept rates unchanged, but some members even consider a rate hike by the end of 2026 a possibility; this led the market to call the meeting hawkish. For crypto, the main pressure will come first on altcoins. $BTC usually suffers less than others because it plays the role of the main asset of the market, but $ETH , $SOL , $AVAX , $NEAR , $OP and $ARB are more dependent on the risk-on environment. That is, if the dollar remains strong, they usually recover later. Meme coins like $PEPE and $DOGE also tend to go down faster in such an environment, as they are more dependent on emotion and liquidity than fundamental analysis. Among the narratives, $ONDO and RWA tokens may be relatively better viewed, as the story of crypto’s connection to the traditional market is still compelling, but even they are not immune to macro market pressure. Symbols like $NEAR , $OP , $PEPE and $ONDO can be tracked/traded on the official OKX price pages. For stocks, the most pressure is on growth and technology stocks; especially $NVDA , $TSLA , $AAPL , $MSFT , $AMZN , $GOOGL and $META. Since these companies’ valuations are sensitive to interest rates; the higher the rate, the less the market gives for future growth. Of course, $NVDA and $MSFT can be more resilient due to the AI ​​narrative, but $TSLA is usually more fragile in a high rate environment. Conclusion: This is not good news for the “risk-on” market. Short-term pressure is on altcoins, memecoins, and growth stocks; $BTC and AI stocks may hold up better, but until the market is confident that the path to interest rates will soften, the gains will be more volatile and short-term than the start of a clean uptrend. #WarshFirstFOMC #