On January 29th, starting this morning, the cryptocurrency market experienced a continuous decline led by Bitcoin. As of press time, Bitcoin has fallen below $88,000, with a drop of 1.51% in the past hour, showing an accelerating downward trend.
Last night, the Federal Reserve's 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, Bitcoin experienced a significant correction after 7 out of the 8 FOMC meetings that year, with only one brief surge, and a 9% drop after the December meeting. Analysts largely attribute this to factors such as uncertainty surrounding interest rate cuts or the realization of their benefits. And after the first meeting in 2026, the "FOMC curse" seems to be repeating itself.
