#BTC Tonight, is the Fed about to hand down the "death sentence" to the crypto market?
Interest rates unchanged? That's a smokescreen. The real bombshell tonight is—Waller's debut.
The US CPI surged to 4.2% in May, marking the first return to the "4% era" in three years. The market anticipates an over 80% chance of a rate hike before December 2026, with a 0% chance of rate cuts. The "easing bias" in the statement is likely to be scrapped, and the "rate cut cycle is dead" will be officially announced.
Bitcoin has plummeted from 126k to 65k, losing half its value. ETFs have seen net outflows for three consecutive weeks. The fear index is at 22, indicating extreme fear.
Is this the final dip, or the beginning of the abyss? The answer will be revealed at 2 AM tonight!!
Interest rates unchanged? That's a smokescreen. The real bombshell tonight is—Waller's debut.
The US CPI surged to 4.2% in May, marking the first return to the "4% era" in three years. The market anticipates an over 80% chance of a rate hike before December 2026, with a 0% chance of rate cuts. The "easing bias" in the statement is likely to be scrapped, and the "rate cut cycle is dead" will be officially announced.
Bitcoin has plummeted from 126k to 65k, losing half its value. ETFs have seen net outflows for three consecutive weeks. The fear index is at 22, indicating extreme fear.
Is this the final dip, or the beginning of the abyss? The answer will be revealed at 2 AM tonight!!