Bitcoin Sideways Amid Fed Rate Uncertainty: Is A Liquidity Crunch Looming?

Bitcoin is facing significant headwinds as the US Federal Reserve maintains a stringent approach to controlling inflation. On Tuesday, July 2, Federal Reserve Chairman Jerome Powell conveyed cautious optimism about recent inflation data but reiterated the need for sustained improvement before considering rate cuts. The recent readings suggest the market is back on a disinflationary […] source: https://bitcoinist.com/bitcoin-sideways-amid-fed-rate-uncertainty-is-a-liquidity-crunch-looming/