{"id":177757,"date":"2025-10-29T16:13:07","date_gmt":"2025-10-29T14:13:07","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=177757"},"modified":"2025-10-30T12:34:48","modified_gmt":"2025-10-30T10:34:48","slug":"will-crypto-survive-the-fomc-meeting-today-best-altcoins-to-buy-now","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/will-crypto-survive-the-fomc-meeting-today-best-altcoins-to-buy-now\/","title":{"rendered":"Will Crypto Survive the FOMC Meeting Today? Best Altcoins to Buy Now"},"content":{"rendered":"

The latest FOMC meeting wraps up today, and the US Federal Reserve is widely anticipated to lower its main interest rate. But while many traders expected a rally leading up to the meeting, cryptocurrency prices have slightly declined over the past 24 hours.<\/span><\/p>\n

Bitcoin is down 2.1%, Ethereum is down 4%, and top altcoin projects like BNB, Cardano, and Dogecoin are following suit. This begs the question: will crypto survive the FOMC meeting, or are further dips ahead?<\/span><\/p>\n

Typically, interest rate cuts are a bullish driver for cryptocurrency prices because they lower borrowing costs, which tends to increase liquidity in risk markets. Additionally, they reduce the attractiveness of risk-off assets like treasuries and bonds, which pushes investors to rotate capital into risk-on positions.<\/span><\/p>\n

While prices may be down today, the market is hopeful that the upcoming rate cut could be a long-term positive for crypto. But if so, which are the best altcoins to buy now? Let\u2019s review the current market dynamics, how FOMC could influence prices, and which cryptocurrencies look poised for the biggest gains.<\/span><\/p>\n


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Pre-FOMC Consolidation Ahead of November Rally?<\/b><\/h2>\n

Crypto prices are mostly down on the day so far, but it\u2019s important to zoom out a little more to understand the full scale of what is happening. The October 10 liquidation event, which wiped out $19 billion of leverage positions in a single day, shattered market confidence \u2013 and such a cataclysmic event was never going to fully recover within just three weeks.<\/span><\/p>\n

Nevertheless, prices have gradually shown strength over the last couple of weeks \u2013 for instance, Bitcoin rallied from $104,000 lows on October 14 to $116,000 on Monday. And while BTC has slightly fallen since then, dropping to around $113,000 at press time, it\u2019s forming concrete support above $112,000. This suggests that today\u2019s dip is part of a consolidation phase as traders wait for the final word from the Fed before potentially starting a new rally.<\/span><\/p>\n

Polymarket<\/span><\/a> data shows a 98% chance of a 25 basis point cut at today\u2019s FOMC meeting, and it also predicts an 86% percent chance of another rate cut at the committee\u2019s December meeting.<\/span><\/p>\n

The analyst Cas Abbe says that these cuts, along with expectations that the Fed will end quantitative tightening, have \u201chistorically been bullish for risk-on assets,\u201d adding that \u201cwe could see the beginning of an uptrend soon.\u201d<\/span><\/p>\n

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$BTC<\/a> is exactly mimicking the Q1 2024 rally.<\/p>\n

FOMC meeting is happening today, and Fed is expected to end its QT program.<\/p>\n

This has historically been bullish for risk-on assets, and we could see the beginning of an uptrend soon. pic.twitter.com\/9cm3L8ZCTo<\/a><\/p>\n

\u2014 Cas Abb\u00e9 (@cas_abbe) October 29, 2025<\/a><\/p><\/blockquote>\n