The first Federal Reserve meeting under the leadership of Kevin Warsh will be an important test for the cryptocurrency market. Officially, investors hardly expect a change in the rate, but the real risk is not in the decision itself, but in the new forecasts of the regulator and the tone of the central bank head. For Bitcoin, this is a sensitive moment. If the Fed shows that it is willing to keep rates high for longer or even consider raising them, the market will once again receive a signal of expensive liquidity. In such an environment, investors are usually more cautious about risky assets.