Altcoins Tumble as Fed Rate Decision Looms—Is This a Buying Opportunity or the Start of a Deeper Correction?

Altcoins are taking a beating ahead of the Federal Reserve's pivotal rate decision—because nothing says 'volatility' like central bankers playing with macroeconomic levers.

Here's what's rattling the market:

• Fed uncertainty: Traders are bracing for another hawkish surprise, and altcoins—as usual—are the first to flinch.

• Liquidity crunch: Risk assets always bleed first when Treasury yields start flexing.

• Trader psychology: The 'sell the rumor, buy the news' playbook is in full effect—though this time, the rumor might have sharper teeth.

Silver lining? History shows altcoin rebounds after Fed meetings tend to be violent when the market prices in excessive pessimism. Just don't tell that to the over-leveraged degens getting liquidated right now.

Bonus cynicism: If past is prologue, Wall Street will somehow spin even a rate hike as 'bullish for crypto' by lunchtime.