- ETH surged 60%+ after May and June FOMC meetings
- July’s FOMC decision could spark another rally
- $6,000 ETH is possible if history repeats
Ethereum (ETH) saw major gains following both the May and June Federal Open Market Committee (FOMC) meetings, rising over 60% in each case. As the market watches closely, today’s July FOMC meeting could be the catalyst for another bullish move, possibly pushing ETH past the $6,000 mark before the end of Q3.
A Look at the Previous FOMC Surges
In May, ETH rallied over 61% shortly after the FOMC announced its monetary policy update. The same happened in June, with ETH gaining nearly 60%. These meetings usually influence investor sentiment due to interest rate updates and economic outlooks. Crypto assets, especially ETH, have responded positively to signs of a more dovish stance or macroeconomic clarity.
What’s Different — or Similar — This Time?
As the July FOMC meeting unfolds, traders are speculating on whether Ethereum can mirror its previous performance. If ETH jumps another 60% from its current price range, it could trade above $6,000 — a level not seen before.
While market conditions, inflation data, and interest rate decisions vary each time, investor psychology around FOMC announcements has remained consistent. Traders often front-run bullish narratives, especially in a low-liquidity summer market.
However, it’s important to remember that past performance doesn’t guarantee future results. Macro uncertainty, regulatory developments, and market liquidity can all influence outcomes differently this time around.
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