Although there was some uncertainty about the monetary direction the United States Federal Reserve will take following the July FOMC meeting, the central bank approved with a 9-3 vote to maintain the interest rates at 3.50% to 3.75%.
All eyes have turned to the incoming press conference by the new Fed Chair, Kevin Warsh, as investors anticipate which way he will lean.
“The Committee decided to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent, in support of the Federal Reserve’s dual mandate. The Committee is continuing its policy of maintaining ample reserves in the banking system,” reads the statement.
As reported earlier today, this meeting was described as the most unpredictable since the COVID-19 pandemic broke out in March 2020. The reason for this is that all meetings since then had a 99% agreement about the outcome ahead of their conclusion.
In contrast, futures markets and prediction platforms had assigned a 30%-38% probability for a rate hike for today’s meeting.
Investors apparently had de-risked from more volatile assets like bitcoin ahead of the event today, as the asset slumped by $3,000 yesterday. It rebounded to $64,500 today, where it was rejected and slipped to under $63,800 before the meeting.
Its minor volatility returned after the announcement, pumping above $64,000 as of now. However, it’s likely that the Warsh speech will impact it even more, especially if the new Fed chair hints at what the central bank will do next – a rate hike or another pause.
The post Bitcoin Volatility Returns After Fed Holds Interest Rates Steady appeared first on CryptoPotato.
小靓分析:
🦊 小靓解读
美联储7月会议以9-3票维持利率在3.50%-3.75%不变,虽符合市场预期,但3张反对票创疫情以来分歧之最,新主席Kevin Warsh的立场成为焦点。比特币短期波动加剧,市场正消化政策不确定性。
📊 市场影响
利率暂停为风险资产提供短期喘息,但美联储内部分歧暗示未来路径模糊,可能抑制BTC的快速上行。中短期BTC或围绕$50,000-$55,000区间震荡,等待Warsh发布会信号。
💡 操作建议
建议交易者降低杠杆,关注Warsh讲话中的鹰鸽倾向——若偏鸽可轻仓布局多头,偏鹰则优先防御。严格设置止损,避免在政策窗口期追涨杀跌。
风险提示:
该资讯来源于公开渠道,仅供参考。Traceless 无痕智盈平台不对此信息准确性做任何保证。