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Bitcoin (Btc) recorded to 1.11% DrawDown oraria After the Federal Reserve keeps their target range to 4.50% to 116.320.13 following the fast victim below the limit of $ 116,000.
This is the largest fix recorded during a single business hours since July 14, when BTC has portrayed 1.14%
The ranges of the major garment recorded the same movement. Eternal (Etth) Slid 1.74% to $ 3,712.36 as of the time of picture while Only one Fell 1.90% to $ 173.51, XRp 2.52% to $ 3.04, and Bnb 1.46% to $ 775.27.
The drop occurred in the tandem with the President of the Fed Jerome Powertell’s speech after the last FOMC meeting. Has highlighted that fees prices can be slower than expected, and the actual number represent the “very early in rates inflation.”
Powell reiterated that it does not intend to resign and said Fed remains committed in its dual term. Finally, stated that they have no decisions regarding a firing cut in September, despite President Donald Trump Saying you heard Powell would cut interest rates at next FOMC meeting.
These developments from Powerell’s speech added to the revise of a previed line in the fed, origite statement “has declined” to “remain elevated”
As a result, the traders stopped that prayed a cut rate in October, given as the most certain.
Markets remain cautious
Bitfinex Analysts are encroached the macro picture as mixed. Gross Domestic Product (GDP) for the second quarter refreshed at 3% annualized after a 0.5% contraction in the first quarter.
However, a lot of the best reflected the lowest importance bothered to radically domedic, according to a note from bitfinex analysis. The final sale only 1,2%, while the heart persumbili Personal consumes (PCE) to 2.5% Quarter-over-over-over-over-says.
That the backdrome leaves feeding inclined to keep the apple intrid “persistent inflamicative risks.”
With the Fed suffering his trust and highlighted Evidence, Bitfinex highlighted Bitfinex that the band of Crypto Crypto was missing the fuel.
If polywazers continue to the flag in furious sticky or interrogation the quality of the gold growth, they wait a measured measurement. As a result, bitcoin could survey $ 114k or lower, with the label even of the breath.
The analysts warned that in the post-FOMC window must look forward to the order, and fleece of the directional collection.
Bitcoin market data
At the time of the picture 8: 19 pm UTC on July 30, 2025, Bitcoin is classified # 1 for market cap and price is down 0.92% in the last 24 hours. Bitcoin has a market capitalization of $ 2.32 trillion with a 24 hour trade volume of 68.44 $ billion. I am Learn more about bitcoin>
Crypto Market Summary
At the time of the picture 8: 19 pm UTC on July 30, 2025The total Crypto market is rated to $ 3.8 trillion with a 24 hour volume of $ 167,12.12 billion. I am Bitcoin dominance is currently to 60.89%. I am Learn more about the Crypto Market>
