Bitcoin Stays Strong as Fed Pauses Rate Cuts: What It Means for

• Fed rate cuts delayed as Powell signals caution.
• Trump pressures Fed for aggressive cuts amid inflation worries.
• Bitcoin holds steady above $105K despite no easing.

Federal Reserve Chief Jerome Powell confirmed on Tuesday, June 24th, that no interest rate reductions are due anytime in the near future, indicating a conservative stance by the U.S. central bank. As much as there has been political pressure and economic turmoil, the Fed rate cuts has remained firm with its benchmark interest rates between 4.25% and 4.50%, citing continued concerns over inflation.

Powell: No Rate Cuts Yet, Economy Still Uncertain

Powell’s U.S. Congress testimony indicated that the Fed is holding out to see additional data before acting on rate change. He confirmed that Trump tariffs had the potential to increase consumer prices but asserted that the Fed will continue to base its decisions on data.

The position let down some political leaders, such as former President Donald Trump, who has vocally condemned Powell for not cutting rates, arguing the current policy is hindering growth in industries such as housing.

In spite of the hawkish rhetoric, the crypto market remained robust. Bitcoin continues to trade well above $105,000, demonstrating that the market has already factored in a more dovish Fed. Although rate cuts usually are a bullish indicator for riskier assets such as crypto, the failure to act immediately hasn’t frightened investors.

Rather, most are holding on to capital-preservation tactics and closely listening to forthcoming Fed pronouncements for some signs of dovishness.

Analysts are of the view that if Powell gives a signal of possible future rate cuts or suggests lower inflation data in the future, Bitcoin may shatter present resistance levels. At the moment, the market remains wait-and-see.

With Powell’s follow-up speech due soon, everyone is looking at the Fed’s tone. Any change, particularly one implying economic easing, could fuel a new crypto rally. In the meantime, Bitcoin’s grip above $105K indicates that the digital currency remains resilient against macro uncertainty.

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