Banks are starting to change their minds about Fed interest rate forecasts. One after another, they are canceling expectations of rate cuts, but it seems like Bitcoin doesn't even care.

In recent weeks, several major banks have started saying that the Fed will delay interest rate cuts. This would normally be a big deal in the crypto market. However, Bitcoin's price has not reacted much to these news.

So, banks are changing their opinions on Fed interest rate forecasts, thinking that rate cuts will come later. But it appears that the market has already priced this in. Bitcoin is moving on its own path, independent of changes in macroeconomic expectations.