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Fed signals hawkish shift under Warsh, pressuring Ethereum and gold prices.

Market News
18 Jun 2026
Crypto Briefing
View Source
Bearish
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The Federal Reserve, under new chair Kevin Warsh, held interest rates steady but signaled a more hawkish stance than expected, with nine officials projecting at least one rate hike in 2026. This shift caused Treasury yields to rise and risk assets like Ethereum and gold to face downward pressure. Ethereum's price is likely to dip below $1,200, while gold's appeal as a non-yielding asset diminishes amid rising rates. Investors should watch upcoming Fed communications and economic data for further policy clues.

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