Bitcoin Price Outlook: Why BTC Is Struggling Under The New Fed Regime
From stocktwits.com
Bitcoin (BTC) fell to a two-week low on Tuesday as traders reassessed bets on a more hawkish Federal Reserve under new Chairman Kevin Warsh, while analysts are split on whether the move is a buying opportunity or the beginning of a deeper macro-driven pullback. The repricing came after Warsh’s first meeting as Fed chair on June 17, when the central bank held its benchmark rate at 3.5%-3.75% but adopted a much more hawkish stance. The Fed removed language suggesting future rate cuts, raised its 2026 inflation forecasts, pushing its headline Personal Consumption Expenditures (PCE) estimate to 3.6% from 2.7%, and, in a ...
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