Bitcoin Moves on Fed Expectations Before Rate Decisions

The reminder here is that the policy rate is often the least informative part of a Fed meeting for crypto; positioning builds around the gap between what the market has already priced and what the central bank actually delivers. That shifts attention to the guidance language and the tone of the statement, which can reset rate expectations and spill into risk assets within minutes. For traders and desks managing crypto exposure around macro events, the practical signal is the divergence between pricing and outcome rather than the decision itself. Whether that expectation-driven volatility keeps dominating reactions to Fed meetings is the open question.