Ethereum And Bitcoin Plunge Ahead Of FOMC Rate Decision After 2nd Assassination Attempt On Donald Trump

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Bitcoin


(BTC)
and
Ethereum
(ETH)
plunged
over
the
last
24
hours
ahead
of
an
FOMC
(Federal
Open
Market
Committee)
meeting
and
after
a
new
assassination
attempt
on
former
US
president
Donald
Trump.



Bitcoin


tumbled
more
than
2%
in
the
past
24
hours
to
trade
at
$58,857.47
as
of
3:40
a.m.
EST,
according
to
CoinMarketCap.
During
the
same
period,



ETH


shed
more
than
5%
of
its
value
to
trade
at
$2,297.78.

File:FOMC 03152022 3000px Edited-78069 (51942669420).jpg - Wikimedia Commons


Fed
Set
To
Cut
Rates
At
FOMC
Meeting
For
First
Time
Since
Early
2020


The
next
FOMC
meeting
will
be
held
between
Sept.
17
and
Sept.
18,
with
economists
expecting
an
interest
rate
cut
of
anywhere
from
25
to
50
basis
points.


The
decision
will
be
released
on
Sept.
18
at
18:00
GMT.
It

would
be
the
first
rate
cut
from
the
Fed
since
early
2020.


Other
central
bank
rate
decisions
will
be
announced
this
week.
Brazil’s
central
bank
is
scheduled
to
hold
its
next
meeting
across
Sept.
17
and
Sept.
18,
while
the
Bank
of
England,
South
Africa’s
Reserve
Bank
and
Norway’s
Norges
Bank
will
release
their
interest
rate
decisions
on
Sept.
19.


Trump
“Safe”
After
Nearby
Gunshots


Former
US
president



Trump


is
safe
after
gunshots
“in
his
vicinity”
were
reported.
“President
Trump
is
safe
following
gunshots
in
his
vicinity.
No
further
details
at
this
time,”
a
spokesperson
for
his
campaign
said
in
a
Sept.
15
statement.


The
Republican
candidate
for
this
year’s
US
election
was
reportedly
playing
golf
at
the
Trump
International
Golf
Club
in
West
Palm
Beach,
Florida
when
gunshots
were
heard
nearby.
The
golf
course
was
immediately
locked
down
as
a
result.


The
former
president’s
son,
Donald
Trump
Jr.,
said
in
a
Sept.
15
post
on
X
that
an
AK-47
“was
discovered
in
the
bushes.”
A
suspect
has
also
reportedly
been
apprehended,
Trump
Jr.
added
in
his
post.


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