On July 30, a rare policy split emerged within the Federal Reserve. Governors Waller and Bowman favor a 25 bps rate cut, citing labor market risks and short-term inflation from tariffs. However, the majority of FOMC members still lean toward holding rates steady. Analysts say this divergence will be key in shaping policy over the coming months.
In the crypto market, BTC remains range-bound between $116,000 and $119,000. Support holds below $117,000, while sell pressure between $119,000 and $120,000 continues to cap upside potential. Price action is closely tied to expectations around Fed policy shifts.
Bitunix Analyst’s View:
Policy uncertainty may keep BTC in consolidation in the short term. Traders are advised to closely monitor the $116K–$120K range and wait for clearer signals from the Fed before adjusting positions.
