24/7 Cryptocurrency News

Bitcoin Price to Rise Post FOMC Meeting, Here’s Why

As financial markets anticipate the next Federal Open Market Committee (FOMC) meeting this Thursday, Bitcoin traders are eyeing potential opportunities for a market upswing.

Past FOMC events have been followed by rallies in Bitcoin’s price, which may indicate another one is imminent. This is during a rather turbulent time for Bitcoin as it experienced a 3.93% drop on Tuesday and is currently valued at $66,745. 

Advertisement

Bitcoin Price Rise Post FOMC

Over the last four FOMC meetings, each of these has been accompanied by a local bottom and further price increases of more than 20%. It has already drawn the interest of traders and other analysts, who are now contemplating possible repeats of this pattern after this week’s meeting. Roman, a trader, mentioned the potential for the upcoming opportunities, stating,

“Getting closer to support. Will be looking to enter longs if a reversal presents itself.”

The upcoming FOMC meeting is of much interest for its effects on classical financial markets, and its possibilities to affect cryptocurrencies, including Bitcoin. Given that the U. S. Consumer Price Index (CPI) report is also scheduled for release on Wednesday, much anticipation is expected. According to the analysts, the CPI inflation rate is expected to be 3.4% which has the potential of affecting the monetary policy of the Fed.

Amidst these economic indicators, Bitcoin’s open interest in futures markets has surged to new heights, currently at $18.752 billion. This rise in open interest is indicative of increased trading activity and enthusiasm in the market, which is often associated with increased volatility and potential price surges in Bitcoin.

Crypto analyst Ali Charts on the X platform pointed out that “Bitcoin loves rebounding post-FOMC meetings,” which is a behavior that has been observed and exploited by traders.

Advertisement

Trading Activity and Whale’s Trend 

The trading patterns of Bitcoin are somewhat taking a rather cautious yet hopeful turn among the investors. The price changes of Bitcoin in the past few days, coupled with the rise in open interest, shows that traders are getting ready for price movements that could happen after the release of the economic data and the Fed’s decisions. 

Adding to the market buzz, a dormant wallet transferred 8,000 BTC, valued at approximately $535.64 million, to Binance. This wallet had been inactive since receiving the Bitcoin in December 2018, when the price was $3,810. Such large movements often indicate significant market players preparing for upcoming volatility.

Also, with prices hovering just above the $67,000 level that acted as a support level after a period of consolidation, traders have warned about the risk, owing to the flat price action in contrast to increasing open interest. As a result, the next FOMC meeting, alongside the previous patterns of Bitcoin’s recovery after such meetings, has the majority of traders anticipating a rise in price.

Read Also: MicroStrategy Stock Surges 132%, Outshines Bitcoin, Tesla and Block

Advertisement

Share
Kelvin Munene Murithi

Kelvin Munene is a crypto and finance journalist with over 5 years of experience, offering in-depth market analysis and expert commentary . With a Bachelor's degree in Journalism and Actuarial Science from Mount Kenya University, Kelvin is known for his meticulous research and strong writing skills, particularly in cryptocurrency, blockchain, and financial markets. His work has been featured across top industry publications such as Coingape, Cryptobasic, MetaNews, Cryptotimes, Coinedition, TheCoinrepublic, Cryptotale, and Analytics Insight among others, where he consistently provides timely updates and insightful content. Kelvin’s focus lies in uncovering emerging trends in the crypto space, delivering factual and data-driven analyses that help readers make informed decisions. His expertise extends across market cycles, technological innovations, and regulatory shifts that shape the crypto landscape. Beyond his professional achievements, Kelvin has a passion for chess, traveling, and exploring new adventures.

Recent Posts

  • Ethereum News

Tom Lee’s Bitmine Immersion (BMNR) Adds Another $103M ETH to its Ethereum Stash

Bitmine Immersion, the largest Ethereum treasury company, quietly added another 23,823 ETH to its total…

October 10, 2025
  • Bitcoin News

Bitcoin Price Flashes Top Signal After Rejection At $125K

Bitcoin price has continued to trade below the $125,000 mark as the market undergoes a…

October 10, 2025
  • 24/7 Cryptocurrency News

Breaking: Grayscale Solana ETF (GSOL) to Trade with 0.35% Fee

With the U.S. Securities and Exchange Commission's (SEC) final decision on Grayscale Solana ETF (GSOL)…

October 10, 2025
  • 24/7 Cryptocurrency News

Roger Ver, ‘Bitcoin Jesus,’ Settles $48M Tax Fraud Case with U.S. DOJ

Roger Ver, widely known in the crypto world as “Bitcoin Jesus,” has reached a settlement…

October 10, 2025
  • 24/7 Cryptocurrency News

Senate Democrats’ New DeFi Regulation Proposal Stalls Crypto Market Structure Talks

Senate Democrats have proposed new regulations for decentralized finance (DeFi) that they want to include…

October 10, 2025
  • 24/7 Cryptocurrency News

Zcash (ZEC) Extends Rally Above $200 as Privacy Narrative Gains Reflexive Momentum

Zcash (ZEC) now trades above $200. The rally reflects a reflexive surge in investor belief,…

October 10, 2025