FOMC Meeting Preview: Will Jerome Powell Accelerate The Bitcoin, Ethereum, XRP Bull Run?
Posted On July 29, 2025
Bitcoin (CRYPTO: BTC) and other cryptocurrencies continue to trade sideways ahead of Wednesday’s Federal Open Market Committee meeting, though pundits expect volatility to pick up soon.
What Happened: Market commentator Cryptoinsightuk noted on Tuesday that Bitcoin has been consolidating in a tight range for weeks.
The analyst compares that to prior cycles where accumulation phases lasted 60–240 days before explosive upward moves.
This looks like “the calm before the storm,” framing the current price structure as impulsive move → consolidation → next leg up.
Bullish Technical Setup:
- Bitcoin dominance has climbed as altcoins bled, but CryptoInsightUK sees signs this trend is peaking.
- Ethereum (CRYPTO: ETH) is …
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