As the Federal Reserve prepares for its interest rate decision on Wednesday, June 12, crypto markets are bracing for potential impacts.
Despite strong jobs data suggesting unchanged rates, attention turns to key economic indicators like the core CPI and core PPI reports later in the week.
While the Fed's decision is expected to be already priced into crypto markets, mid-week volatility could affect altcoins, though Bitcoin (CRYPTO:BTC) dominance is likely to maintain sideways momentum.
Overall, the market remains cautious as it awaits further economic signals amid ongoing discussions about potential rate cuts later in the year.