Analysis: The Fed's hope for a rate cut turns to September, and Bitcoin's price trend is stable and moving forward

Odaily Planet Daily News The Federal Reserve kept its policy rate unchanged and hinted that high interest rates may remain after next month's meeting. Analysts expect the wait-and-see attitude to keep the market consolidating for several months, and this trend is good for Bitcoin. BRN Chief Analyst Valentin Fournier added that inflation has cooled and tariff concerns have eased, but the slowdown in US economic growth has raised concerns about stagflation. Fed Chairman Jerome Powell expressed confidence in the "deflationary trend" in a slightly dovish tone at a press conference after the meeting, but he pointed out that solid job growth and strong consumer spending provide room for policymakers to maintain high interest rates. With no urgency to cut rates, the Fed reiterated its wait-and-see attitude and postponed expectations for the first rate cut until September. Because Bitcoin is a decentralized, borderless digital asset, it has a unique advantage in absorbing these capital inflows regardless of the Fed's domestic policy stance. (The Block)