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Bitcoin falls 3% after Fed keeps rates steady but signals fewer cuts ahead

Market News
18 Jun 2026
Blockonomi
View Source
Bearish
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Bitcoin and other major cryptocurrencies dropped over 3% following the Federal Reserve's decision to hold interest rates at 3.5%–3.75% while raising inflation forecasts and indicating fewer rate cuts in the future. Despite President Trump's interim peace agreement with Iran boosting equity futures, digital assets remained weak as the Fed's more restrictive stance limits speculative investments. Experts expect Bitcoin to trade between $60,000 and $70,000 unless new catalysts emerge, such as crypto legislation or progress in US-Iran relations. The market awaits clearer regulatory frameworks and institutional participation to regain momentum.

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