Crypto Market Braces for Volatility Ahead of Fed Rate Hike

The crypto market is bracing for significant volatility this week due to multiple key events and expectations of a Federal Reserve rate hike. Wall Street giants JPMorgan and Goldman Sachs have predicted that the Fed will increase interest rates, which could impact the price action of major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and XRP.

The upcoming week is expected to be 'macro-heavy,' with several significant events scheduled, including the CLARITY Act vote and the Bank of Japan rate decision. Traders anticipate choppy price movements as a result.