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Analysis: The upcoming decision by the Federal Reserve is crucial for cryptocurrencies

Analysis: The upcoming decision by the Federal Reserve is crucial for cryptocurrencies

老虎证券老虎证券2026/06/15 13:13
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He stated that the temporary US-Iran peace agreement and lower oil prices have changed the situation for Kevin Walsh at his first meeting as the new chair of the Federal Reserve. "He can now argue at the meeting that the shock of rising energy costs will continue to dissipate, thereby supporting his case for a rate cut." He noted that even if a rate cut seems unlikely this year, this will provide much-needed breathing space for cryptocurrencies after the recent sell-off. According to data from the London Stock Exchange Group, Bitcoin rose to a 12-day high of $66,463, after having touched a 20-month low of $59,125 on June 5.
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