According to @rovercrc, Federal Reserve Chair Jerome Powell is expected to make a decision on interest rate cuts soon, a development widely viewed as bullish for Bitcoin (BTC). Lower interest rates typically increase risk appetite and drive capital into alternative assets like cryptocurrencies. Traders should monitor upcoming FED statements closely, as a confirmed rate cut could catalyze significant upward momentum for BTC prices, according to @rovercrc.

According to analyst @AltcoinGordon, a rumor is circulating that Federal Reserve Chairman Jerome Powell will be leaving his position by the end of the month. The analyst suggests this potential departure is a 'hugely bullish catalyst' for the cryptocurrency market and could signal the beginning of an 'alt season'.

According to André Dragosch, PhD, prediction market odds on Polymarket for the removal of Federal Reserve Chair Jerome Powell have surged to their highest level year-to-date. This development signals growing political uncertainty surrounding the Fed's leadership, which could have significant implications for traders. A potential change at the helm of the U.S. central bank could lead to shifts in monetary policy and interest rate outlooks, directly impacting the valuation of risk assets, including cryptocurrencies like Bitcoin (BTC) and the broader digital asset market.

According to @rovercrc, the U.S. Federal Reserve has maintained its benchmark interest rates at 4.25%-4.50%, a move that was widely anticipated by the market. The Fed's latest projections indicate lowered economic growth (GDP at 1.4%) and higher inflation (Core PCE at 3.1%) for the year. While policymakers still foresee 50 basis points in rate cuts for 2025, they project a slower pace of easing in subsequent years, as per the official press release. Bitcoin (BTC) showed minimal reaction, holding around $104,200 following the decision. Traders are now focused on two major upcoming events: Fed Chair Jerome Powell's testimony and the release of the Core PCE price index. Analysts at ING suggest that clarity on inflation may not come until December, potentially leading to a single 50bp rate cut this year if the job market weakens. Conversely, Chris Weston of Pepperstone noted that dovish signals during Powell's testimony could fuel risk-taking and benefit BTC.

According to @rovercrc, Bitcoin (BTC) traders are closely monitoring key macroeconomic events this week after the cryptocurrency slumped below $106,000. The main event is Federal Reserve Chairman Jerome Powell's testimony to Congress, where his stance on interest rates will be scrutinized. Dovish signals could boost risk assets like BTC, especially as some market participants, like Chris Weston of Pepperstone, note that a September rate cut is already priced into the U.S. swaps market. However, analysts at ING remain cautious, forecasting only one rate cut this year, potentially in December. Another critical event is the release of the Core PCE price index, the Fed's preferred inflation metric, with consensus expecting a benign 0.1% monthly increase, which could support the case for rate cuts. The market is also on edge due to the approaching July 9 tariff deadline and geopolitical tensions involving Iran, which contributed to a selloff that saw altcoins like Ether (ETH), Solana (SOL), and XRP drop by 5-7%.

According to @KobeissiLetter, traders should monitor Federal Reserve Chairman Jerome Powell's upcoming testimony and the core Personal Consumption Expenditures (PCE) price index for potential market-moving signals. Dovish commentary from Powell could fuel risk-taking and benefit Bitcoin (BTC), which has shown resilience by holding above $100,000 despite geopolitical tensions, a strength QCP Capital attributes to ongoing institutional adoption. While markets anticipate two rate cuts this year, analysts at ING suggest only one 50bp cut may occur in December. In the altcoin market, Jeff Anderson of STS Digital notes that the widening spread between Ether (ETH) and BTC implied volatilities creates yield opportunities for ETH holders selling options. However, a newsletter service, LondonCryptoClub, warns of significant selling pressure from large upcoming token unlocks for Arbitrum (ARB), ZKsync (ZK), ApeCoin (APE), and Sui (SUI).

According to @doctortraderr, the cryptocurrency market is showing resilience, with Bitcoin (BTC) trading around $107,000 despite renewed US tariff threats against Canada. While crypto stocks like Coinbase (COIN) and Circle (CRCL) experienced significant drops of 6% and 16% respectively, BTC's price action remained relatively calm. Traders are now focusing on major upcoming economic events that could introduce volatility. The key events are Federal Reserve Chairman Jerome Powell's semi-annual testimony and the release of the core Personal Consumption Expenditures (PCE) price index. Pepperstone's head of research, Chris Weston, noted that dovish hints from Powell could boost risk-taking and be bullish for BTC. The consensus for the core PCE data is a benign 0.1% month-on-month increase, which could further support Fed rate cut expectations. However, Coinbase analysts caution that markets have largely disregarded the potential economic risks from the tariff situation, with a critical deadline approaching on July 9.

According to @KobeissiLetter, the cryptocurrency market experienced a broad selloff, with Bitcoin (BTC) falling over 2.5% to below $106,000, while altcoins such as Ether (ETH), Solana (SOL), and Dogecoin (DOGE) saw steeper declines of 5-7%. The source attributes this downturn in risk assets to geopolitical factors, including President Trump's threats of renewed tariffs and heightened tensions with Iran. For the week ahead, traders are focused on two major events: Federal Reserve Chairman Jerome Powell's semi-annual testimony and the release of the core Personal Consumption Expenditures (PCE) price index, the Fed's preferred inflation metric. The source notes that dovish hints from Powell regarding interest rates could fuel risk-taking and benefit BTC. The consensus forecast for the core PCE data is a 0.1% month-on-month increase, which could support the case for rate cuts. However, analysts at ING suggest only one rate cut may occur this year, potentially in December, creating uncertainty for traders.

According to @KobeissiLetter, the cryptocurrency market experienced a broad selloff, with Bitcoin (BTC) falling over 2.5% and altcoins like Ether (ETH), Solana (SOL), and XRP dropping between 5-7%. The downturn is attributed to renewed tariff threats from President Trump and heightened geopolitical fears regarding Iran. Traders are now keenly focused on upcoming key events, including Federal Reserve Chairman Jerome Powell's testimony and the release of the core Personal Consumption Expenditures (PCE) price index. Analysts at Pepperstone suggest that any dovish signals from Powell could be bullish for risk assets like BTC, while ING analysts anticipate only one rate cut this year. The approaching July 9 tariff deadline remains a significant risk factor for the market.

According to @EricBalchunas, the crypto market is showing resilience, with Bitcoin (BTC) experiencing only a minor dip to around $105,400 despite renewed US tariff threats against Canada. Coinbase analysts noted in a research report that markets have largely disregarded these potential economic risks. While BTC's price action was mild, crypto-related stocks saw more significant declines, with Coinbase (COIN) falling 6% and Circle (CRCL) dropping 16%. Looking ahead, traders are keenly focused on two major events: Federal Reserve Chairman Jerome Powell's testimony and the release of the core Personal Consumption Expenditures (PCE) price index. While Fed Governor Christopher Waller hinted at a possible July rate cut, analysts at ING predict only one 50bp cut in December. Chris Weston of Pepperstone suggested on X that any dovish signals from Powell could boost risk assets like BTC. The market consensus expects a benign 0.1% month-on-month increase in the May core PCE data, which could support rate cut expectations ahead of the July 9 tariff deadline.

According to @StockMKTNewz, the cryptocurrency market remained stable despite renewed US tariff threats, with Bitcoin (BTC) trading down approximately 1.9% at $105,699.95. While the broader crypto market saw minor changes, crypto-related stocks experienced significant drops, with Coinbase (COIN) falling 6% and Circle (CRCL) plummeting 16%. Traders are now shifting their focus to major upcoming economic events, primarily Federal Reserve Chairman Jerome Powell's testimony and the release of the core Personal Consumption Expenditures (PCE) price index. Analysts cited in the report suggest that any dovish signals from Powell could encourage risk-taking and benefit BTC. The Core PCE data is expected to show a modest 0.1% month-on-month increase, potentially supporting arguments for a Fed rate cut. However, analysts at ING caution that the inflationary impact of tariffs could delay significant rate cuts until later in the year.

According to @KobeissiLetter, the U.S. Federal Reserve has kept its benchmark interest rate steady at 4.25%-4.50%, a move widely anticipated by the market. The Fed's latest economic projections, including the 'dot plot,' still forecast 50 basis points in rate cuts for 2025, consistent with their March outlook, but signal fewer cuts in subsequent years. Policymakers also adjusted their forecasts to reflect weaker economic growth, with the 2024 GDP projection lowered to 1.4% from 1.7%, and higher inflation, with the PCE forecast rising to 3.0%. Following the announcement, Bitcoin (BTC) price showed minimal volatility, trading around $104,200. Traders are now shifting their focus to Fed Chair Jerome Powell's upcoming testimony and the core Personal Consumption Expenditures (PCE) price index data. A dovish stance from Powell or a soft PCE reading could increase risk appetite, potentially benefiting BTC, which has maintained levels above $100,000. However, analysts at ING suggest clarity on inflation may not emerge until December, implying the possibility of just one 50 basis point rate cut this year.

According to @KobeissiLetter, the U.S. Federal Reserve has maintained its benchmark interest rates at 4.25%-4.50%, a widely anticipated move. The Fed's updated economic projections signal a more cautious outlook, with GDP growth for the year revised down to 1.4% and inflation (PCE) forecasts revised up to 3.0%. While policymakers still anticipate 50 basis points of rate cuts this year, they foresee a slower pace of cuts in 2026 and 2027. Bitcoin (BTC) showed minimal reaction, trading around $104,200 post-announcement. Traders are now focused on two key events: Fed Chair Jerome Powell's upcoming testimony to Congress and the release of the Core PCE inflation data. Analyst opinions are divided, with Pepperstone's Chris Weston suggesting a potential dovish shift in July, which would be bullish for risk assets like BTC, while ING analysts believe tariff uncertainties could delay significant rate cuts until December. The upcoming expiration of a tariff pause on July 9 adds another layer of complexity for markets.

According to @rovercrc, traders should monitor key upcoming economic events for their potential impact on Bitcoin (BTC), which is currently trading around $105,534. The main events are Federal Reserve Chairman Jerome Powell's testimony and the release of the core Personal Consumption Expenditures (PCE) price index. The source suggests that any dovish signals from Powell or a soft PCE reading could fuel risk-taking and benefit BTC. Conversely, analysts at ING note that upcoming tariffs could create inflationary pressure and potentially delay rate cuts. The analysis also critiques the proposed U.S. stablecoin legislation (GENIUS Act), highlighting flaws such as having 55 potential state and federal regulators, which could lead to a 'race to the bottom,' and inefficient joint rulemaking processes. The author proposes that Congress should designate the Federal Reserve as the single regulator for stablecoins to foster innovation and ensure stability.

According to @rovercrc, the cryptocurrency market is rallying on institutional developments, with Bitcoin (BTC) climbing to $108,600, just below its all-time high. The surge is fueled by positive news, including a JPMorgan trademark application for digital asset services and the upcoming launch of a spot XRP exchange-traded fund (ETF) in Canada by Purpose, which also caused XRP to gain 6-7%. Despite strong altcoin performance, Nansen research analyst Nicolai Søndergaard stated that it is not yet an 'alt season,' as BTC's performance remains the primary market trigger. From a technical standpoint, Bitfinex analysts noted that last week's aggressive selling and drop in the Fear and Greed Index resemble past 'capitulation-style setups,' suggesting a potential local bottom if BTC can hold the $102,000-$103,000 support zone. Looking ahead, traders are focused on U.S. macro events, particularly Fed Chair Jerome Powell's testimony and the core PCE inflation data, which Swissblock analysts believe will drive significant market volatility.

According to @KobeissiLetter, the U.S. Federal Reserve has maintained its benchmark interest rate, but policymakers' new projections indicate fewer rate cuts in the coming years than previously expected. The Fed's updated forecast also points to lower economic growth, with GDP revised down to 1.4% for the year, and higher inflation, with core PCE now projected at 3.1%. Despite the hawkish revisions, Bitcoin (BTC) remained stable, trading around $104,200 following the announcement. For the week ahead, traders are focused on two key events: Fed Chair Jerome Powell's testimony to Congress and the release of the core PCE price index, the Fed's preferred inflation gauge. Analysts like Chris Weston of Pepperstone suggest a dovish shift could be coming, which would be bullish for risk assets like BTC, while analysts at ING believe inflation clarity may not arrive until December, potentially delaying significant rate cuts. The upcoming expiration of a tariff pause on July 9 is also a major watchpoint for its potential impact on inflation and Fed policy.

According to @WhiteHouse, former President Trump's social media post suggesting economic growth will offset deficits from a proposed $3.8 trillion tax-and-spending bill has strengthened the bull case for Bitcoin (BTC) and gold. Crypto analyst Will Clemente reacted by stating such loose fiscal policy makes holding long-term U.S. Treasuries less attractive while reinforcing the argument for owning hard assets like Bitcoin as a hedge against inflation and currency debasement. For the week ahead, traders are focused on Federal Reserve Chairman Jerome Powell's testimony and the core PCE inflation data. According to Chris Weston of Pepperstone, dovish signals from Powell could fuel risk-taking and benefit BTC. The market consensus for the core PCE data is a 0.1% month-on-month increase, which could bolster expectations for a Fed rate cut. Based on the source's technical analysis, BTC established support at $107,300 while trading in a range between $107,194 and $108,489.

According to @KobeissiLetter, crypto markets remained relatively stable despite renewed U.S. tariff threats against Canada, with Bitcoin (BTC) trading around $107,000. However, crypto-related stocks saw significant downturns, with Coinbase (COIN) falling 6% and Circle (CRCL) dropping 16%. Traders are now focusing on the upcoming week's key macroeconomic events, primarily Federal Reserve Chairman Jerome Powell's testimony and the release of the core Personal Consumption Expenditures (PCE) price index, the Fed's preferred inflation metric. According to Coinbase analysts, markets have largely ignored the potential economic risks from tariffs. Dovish signals from Powell or a soft PCE report, which consensus expects to show a 0.1% month-on-month increase, could boost risk assets like BTC, as suggested by Chris Weston of Pepperstone. Conversely, analysts at ING anticipate only one rate cut this year, citing potential inflation from tariffs set to take effect after July 9.

According to @KobeissiLetter, the cryptocurrency market remained largely unfazed by renewed US tariff threats, with Bitcoin (BTC) trading down slightly at around $106,700. Coinbase analysts noted that markets have generally disregarded the economic risks from the tariff situation, a sentiment they expect to continue. For the week ahead, traders are keenly focused on two major economic events: Federal Reserve Chairman Jerome Powell's semi-annual testimony and the release of the core Personal Consumption Expenditures (PCE) price index. Chris Weston, head of research at Pepperstone, suggested that dovish signals from Powell could encourage risk-taking, potentially benefiting BTC. The consensus for the core PCE data points to a modest 0.1% monthly increase, which could support the case for interest rate cuts. However, analysts at ING believe only one rate cut is likely this year, anticipating that the inflationary impact of tariffs will become more apparent from July.

According to @DowdEdward, Bitcoin (BTC) traders should closely monitor Federal Reserve Chairman Jerome Powell's upcoming testimony and the core PCE inflation data for signals on future interest rate cuts. A dovish stance from Powell could boost risk assets like BTC, which has maintained levels above $100,000. Chris Weston of Pepperstone noted the market is pricing in a potential dovish shift, while ING analysts anticipate only one rate cut this year due to tariff-related inflation risks. The market appears complacent about the approaching July 9 tariff deadline, with Coinbase analysts observing that potential economic risks have been largely disregarded. Despite new tariff threats, Bitcoin was trading around $106,700, showing relative calm, though crypto-related stocks like Coinbase (COIN) and Circle (CRCL) experienced significant drops.