The FOMC voted to hold rates steady. But Kevin Warsh's tone is what traders are watching closely.
Kevin Warsh replaced Jerome Powell as Fed Chair. His hawkish reputation means more rate hikes remain possible.
CME FedWatch showed 99.6% probability of no change. The real action is in the dot plot rate projections.
Dot plot showing rates high through 2027 = crypto sells off. A dovish dot plot = green candles across the board.
A hold is neutral-to-bullish for Bitcoin. A rate cut signal would be explosive. Watch BTC at 2:30 PM ET.