
Bitcoin Analysts Split on Fed Hawkish Hold Impact
Four analysts agree the Fed's move is hawkish but disagree on whether bitcoin's test is imminent or weeks away.
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Original coverage across the crypto market, updated daily.

Four analysts agree the Fed's move is hawkish but disagree on whether bitcoin's test is imminent or weeks away.

The total stablecoin market cap fell $10 billion since May, with $7.7 billion erased in June alone, but analysts expect long-term growth.

The metric suggests a potential market bottom, with analysts offering differing strategies.

Analysts caution Bitcoin's price action might be a retest of resistance rather than a genuine recovery.

A mining-cost chart suggests $47,000 as a bottom, but experts warn it oversimplifies miner economics.
Bitcoin's apparent demand has fallen to -650,000 BTC, a low not seen since 2019, signaling potential price swings.
BTC recovers to $63,000 as analysts cite oversold conditions; South Korea's KOSPI slump has limited impact.