
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.

Bitcoin briefly fell under $64,000 as rising US bond yields increased Fed rate hike expectations.
Brent crude hits $90 amid escalating Iran war, raising Fed rate hike expectations and pressuring Bitcoin.
Bitcoin rose above $64,000 after June inflation data came in lower than expected, fueling bets on Fed rate cuts.
The 21st Century ROAD to Housing Act includes a provision prohibiting the Fed from issuing a central bank digital currency.
Bitcoin jumped nearly $62,000 after weak US jobs data and dovish Fed comments triggered short liquidations.

Bitcoin fell to its lowest since late 2024 amid hawkish Fed, ETF outflows, and capital shift to AI, per Deutsche Bank.
The upcoming US inflation data may set the direction for risk assets including Bitcoin and gold.
Market expectations for a Fed rate hike have risen to 68% under new Chair Kevin Warsh, putting pressure on Bitcoin and risk assets.