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Crypto Market Braces for Volatility as Goldman Sachs & JPMorgan Expect Fed Rate Hike This Week

Crypto Market Braces for Volatility as Goldman Sachs & JPMorgan Expect Fed Rate Hike This Week

  • Wall Street giants JPMorgan and Goldman Sachs now expect a Fed rate hike this week.

  • crypto market is bracing for huge volatility in Bitcoin (BTC), Ethereum (ETH), and XRP.

  • Bernstein sees CLARITY Act positive news could trigger upside momentum.

The crypto market is bracing for huge volatility in Bitcoin (BTC), Ethereum (ETH), and XRP due to a macro-heavy week. Wall Street giants JPMorgan and Goldman Sachs now expect a Fed rate hike. Traders expect price action to remain choppy as multiple key events, including the CLARITY Act vote and the Bank of Japan rate decision, are also scheduled this week.

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