Federal Reserve recovers as Chairman Kevin Warsh vows to fight inflation

Bitcoin slid to $64k as rate hike odds soared after Kevin Warsh's first FOMC presser. But was it Warsh or Saylor truly driving the selloff?

Warsh's hawkish stance signals potential rate hikes, impacting inflation expectations and causing volatility in crypto and broader financial markets. The post Federal Reserve holds rates steady as Kevin Warsh signals hawkish shift in first meeting as chair appeared first on Crypto Briefing.

The proposal could lead to industry consolidation, favoring larger stablecoin issuers who can absorb compliance costs, impacting market dynamics. The post Federal Reserve requests comments on stablecoin issuer proposal appeared first on Crypto Briefing.

Solana has fallen more than 6% from its June 15 high after a rejection at a major resistance zone, combined with a hawkish Federal Reserve outlook, pushed traders into risk-off positioning. According to data from crypto.news, Solana (SOL) dropped from…

Warsh's strict inflation stance may reshape market expectations, impacting asset valuations and signaling a shift in monetary policy dynamics. The post Federal Reserve Chairman Kevin Warsh commits to 2% inflation target, Yardeni says appeared first on Crypto Briefing.

A steady labor market with rising continuing claims may pressure the Fed to adjust monetary policy, impacting financial conditions and investments. The post US jobless claims hit 226K as labor market holds steady, continuing claims reach 1.81M appeared first on Crypto Briefing.

The interim ceasefire deal could stabilize oil markets and ease inflation, but its fragility poses significant geopolitical risks. The post Trump and Iran sign interim ceasefire deal in France during G7 Summit appeared first on Crypto Briefing.

Key takeaways Bitcoin remains vulnerable as hawkish Federal Reserve guidance, rising Treasury yields, and inconsistent ETF demand continue to dampen investor sentiment. With BTC trading below key moving averages and lacking strong buying momentum, the near-term bias remains bearish.  Bitcoin (BTC) remained under pressure on Thursday, trading below the $64,000 level as investors reacted to […] The post Bitcoin price stays below $64k as hawkish Fed and ETF outflows weigh on sentiment appeared first on CoinJournal.