What Happened in Crypto This Week: Fed Decision Looms Over a Volatile Market
As we head closer to the end of the month, investors are reassessing their positions amid mixed signals from macro events and momentum shifts across crypto assets. For this reason, we’ve seen significant moves in the crypto market this week, as investors await the next interest rate decision by the Federal Reserve on July 29–30.
Monday
At the start of the week, we reported how the Bank of America shared grim expectations for those anticipating lower interest rates later down the line. The institution claimed that rate cuts might not materialize until mid-2026, citing sticky inflation and the ongoing strength of labor markets as core reasons. This prediction goes against the majority of analysts, including those from…
