"FOMC Hex" Redux as Crypto Market Sees Hour-Long Accelerated Selloff

By: theblockbeats.news|2026/04/17 07:41:50

BlockBeats News, January 29th, Starting this morning, the crypto market saw continued bearishness led by Bitcoin. As of the time of writing, Bitcoin dropped below $88,000, with a nearly 1.51% decrease in less than 1 hour, showing an accelerated downward trend.

Last night, the Federal Reserve FOMC meeting was held, and the statement indicated that the US unemployment rate has shown some signs of stabilization, while inflation remains slightly high.

Looking back at the data from 2025, in the 8 FOMC meetings last year, Bitcoin experienced a significant pullback after 7 meetings, with only one brief uptick. After the December meeting, Bitcoin dropped by 9%. The analysis mostly attributes this trend to factors such as uncertainty in rate cut expectations or the positive impact of rate cuts. Following the first meeting of 2026, it seems that the "FOMC Curse" is repeating itself.

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

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The issue with stablecoins is not just whether their price will decouple, but whether they can be integrated into a recognizable, monitorable, accountable, and regulated financial system.

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A South Korean company that learned the strategy of hoarding coins, from a bull market to delisting?

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How to choose between buying discounted ETH, Bitmine, and SharpLink?

The answer may not lie in whose story is told better, but in specific dimensions such as cost of holding, financing ability, liquidity, and whether the narrative can be realized.

Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity

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A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.

When American giants collectively "defect" from Chinese AI models

BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"

The issue with stablecoins is not just whether their price will decouple, but whether they can be integrated into a recognizable, monitorable, accountable, and regulated financial system.