Why Crypto Traders Are Holding Their Breath
The crypto world is buzzing with tension right now. Bitcoin and other coins are stuck in a tight range, waiting for big economic news. Key reports like CPI, PCE, and the Fed minutes could make or break hopes for lower interest rates. Rate cuts are like rocket fuel for crypto prices. They make holding Bitcoin feel less risky compared to boring savings accounts. But if inflation stays hot, those dreams could vanish fast.
Markets hate surprises. Right now, everyone expects the Federal Reserve to start cutting rates soon. Yet, fresh data might show prices rising too much. This could push the Fed to hold steady or even hike rates. Let’s break it down simply.
